Article

Kuenz-SK, an Austrian manufacturer, is set to invest €5 million in expanding its factory in Kechnec, Slovakia, which will create over 200 new jobs and increase the workforce to around 400 employees. The expansion will boost production space by 20% and follows a significant revenue increase from €9 million to nearly €21 million. This move comes despite a general slowdown in corporate investments and reflects a strategic shift in the factory's focus from hydropower components to crane manufacturing.