# Ravago and Beşler Tekstil to build €20.5m insulation plant in Alsózsolca, Hungary

Ravago and Beşler Tekstil will build a €20.5 million insulation plant in Alsózsolca, Hungary, with a capacity of 36,000 t/yr, creating 90 jobs. The government is contributing just under €4 million.

- Type: New facility
- Announced: 2018-03-26
- Where: Alsózsolca, Hungary
- Value: $25.3M (20.5M EUR)
- Jobs: 90
- Status: announced
- Capacity: 36,000 t/yr
- Products: insulation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ravago Group](https://endata.com/companies/10088.md)
- [Beşler Tekstil](https://endata.com/companies/30942.md) (partner)

## Sources

- [globalinsulation.com](https://www.globalinsulation.com/news/1363-ravago-and-besler-tekstil-to-build-euro20-5m-insulation-plant-in-hungary), 2018-03-26: "The plant will have a production capacity of 36,000t/yr, according to the Budapest Business Journal."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.