Majority shareholder Ingrid Schulz-Hallmann, Dr Erik Hallmann, and Dr. Rolf Pfeiffer inaugurated a new building at DEPRAG CZ in Lázně Bělohrad, Czech Republic.
The ultramodern building comprises 2,400 square metres of production, office, and storage space.
Dr Erik Hallmann, Group CEO, said: “This significant investment of €34 million in our Czech operation underscores our strategy of expanding internationally.”
“DEPRAG CZ combines resolutely modern production technology with a highly skilled workforce, at an attractive cost.”
“We will increase our market share and serve our global customers in the most efficient way. Our growing integration activities in special machines have been met with huge interest by our partners in Eastern Europe.”
