The CFA-Hungária spends more than 700 million HUF on product development

The CFA-Hungária, that is mainly producing cosmetic and household chemicals is developing a new, capsule detergent and buys a production line to manufacture the product in Görcsöny, Baranya county.

The Hungarian owned company was founded in 1989. The company informed MTI, that they won 380 million HUF from the European Union. The total costs of the project will be approximately 764 million HUF. The company develops a new, capsule detergent system at its site, which contains liquid detergent and fabric softener at the same time.

The company added, that in addition to the domestic market, the company exports to 12 countries. Its revenue in 2012 and 2013 was both 1.8 billion HUF, its profit in 2012 was 94 million HUF and 55 million HUF in 2013. (MTI)