Swiss Krono is launching a capacity increasing investment in Vásárosnamény

Swiss Krono is launching a capacity increasing investment in Vásárosnamény

The Swiss-owned Swiss Krono, the world's leading manufacturer of wood-based materials, has decided to implement a significant capacity increasing development. As a result of the investment of EUR 47 million retaining 145 jobs and creating 28 new ones, the "OSB" production capacity of the Vásárosnamény plant will increase more than 1.5 times.

Swiss Krono Kft., a family business based in Lucerne currently operates 10 factories in eight countries employing some 5,000 people worldwide.

As a result of the investment the "OSB" (Oriented Strand Board) production capacity of the Vásárosnamény plant will increase more than 1.5 times. About 30% of the planned excess volume will be sold on the Hungarian market, while 70% will be exported. The company is going to expand its special 28.8-metre OSB production line to 38.7 metres and implement the procurement of wood shredding and drying units, as well as related energetic development.