Guardian Industries is investing EUR 30M to expand production at its flat glass unit in Hungary. It aims to meet growing demand created by state-subsidised programmes for the renovation of communist-era pre-fabricated apartment buildings, it was reported 15/11/06. Guardian Industries will build a 4,000sq/m hall for a new production line capable of outputting 6Msq/m of specially-coated flat glass/pa, MD the Hungarian unit Zsolt Erdosi told Napi Gazdasag. The new line will be completed end-07 & 50 new workers will be hired for the new production line, bringing the unit's workforce to 400. Guardian has been operating in Hungary since 1996, when it bought a glass factory in Oroshaza, in the south-east of the country. In 2004 the factory was rebuilt at a cost of EUR 45M. Its current capacity is 20Msq/m flat glass per year.
