France’s Ceva-Phylaxia to invest $35.4 mln in new Hungarian R&P facility

01/17/2019 10:13:00 AM (GMT)

French veterinary health company Ceva-Phylaxia plans to make an infusion in new research and production (R&P) facility in Monor in Pest county, Hungary.

Ceva-Phylaxia will invest approximately 10 billion Hungarian forints ($35.4 million) to build new R&P plant in Hungary.

The new plant will provide employment opportunities for highly trained employees as well as bringing innovative technology to Hungary.

Furthermore, Ceva-Phylaxia expects its revenue to exceed $70.8 million this year.

Ceva-Phylaxia

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