Lubawa S.A. signed an agreement with two Hungarian companies – Buklin Techno Kft. and Új Kereskedőház, under which a production plant of the Capital Group is to be created in Hungary. ‘The equipment produced by Lubawa proved to be perfect during the June flood, therefore we made the decision to enter the Hungarian market. Hungary is treated as one of the Capital Group’s strategic market,’ said Marcin Kubica, President of the Management Board of Lubawa S.A.

The agreement entered into by Lubawa gives the chance to sell the Company’s products to the Hungarian recipient in cooperation with local subcontractors, which is an especially preferred form of cooperation in Hungary. 'The main aim of the cooperation between Lubawa S.A. and the Hungarian partners is to intensify the sale of the Company’s products in Hungary – mostly of anti-flood protection systems. First contracts covering deliveries for Hungarian municipalities which are most endangered by flood are expected to be effected this year,’ adds Marcin Kubica.