Budapest (MTI) – Hungarian energy drink maker Hell inaugurated a 1.1 billion forint (EUR 3.5m) logistics base in Szikszo, in northeast Hungary on Wednesday.
Economy Minister Mihaly Varga spoke at the ceremony.
Hell unit Uvegszkila won a 390 million forint European Union and state grant for the investment.
About 50 people will work at the base.
Hell has invested about 15 billion forints at the base in Szikszo in the past five years. Capital expenditures could reach 30 billion forints in the future, creating 300 more jobs.
Hell had a net revenue of 12.8 billion forints in its 2014 business year.