Insight

Founded in 1988 initially as a wood screw manufacturer, Hungarian-based Szatyina Kft has developed into a supplier of high strength, special products to customers all across Europe. Now the company is once again looking to strengthen its manufacturing capabilities with the purchase of a 11,000m² site to house a new factory.

Purchased through a European tender in the industrial park of Esztergom City, the new piece of land will eventually house a new 4,000m2 manufacturing hall, with the aim to finish production between 2022 – 2023.

Currently Szatyina manufactures size M1.6 to M16 standard fasteners, as well as special fasteners using carbon steel and stainless steel. Its current facilities include in-house heat treatment as well as a quality laboratory. “The new factory will enable us to purchase more automatised solutions and machines that will improve our productivity, enhancing our current offering,” mentions Szatyina.

The company has no plans to add any new production processes, simply wanting to focus on delivering shorter manufacturing times to enable its customers to receive orders faster – something that’s becoming increasingly difficult over the past few months due to Covid-19, along with raw material challenges. All whilst maintaining the high-quality the Hungarian manufacturer has become known for.

“As well as other countries worldwide, Hungary is going through a difficult time during this global pandemic, however the vaccine programme is going well, which is beginning to reassure many companies and stakeholders. It’s therefore important for us to focus on our new development and look to the future,” states Szatyina.