Fortaco opens new factory in Narva

Fortaco opens new factory in Narva

EN

Fortaco opens new factory in Narva

Fortaco opens a new factory in Narva to expand production.

Fortaco is a company in Narva. It has 400 workers. New customers wanted more production. Fortaco built a new factory.
The new factory cost 16 million euros. A fund gave 2 million euros. The company built the factory in 2023. The market was down then.
The boss of Fortaco says: 'We decided to invest. The market was down, so no rush. Now the market is up. We are ready to grow.'
Another company, HANZA, wants to build a new factory too. HANZA expanded two years ago. But finding workers is hard.
The boss of HANZA says: 'We want to expand more. Logistics and automation grow fast. But skilled workers are hard to find.'
The new Fortaco factory has 30 workers now. By the end of the year, it will have 80 workers.

Fortaco opens a new factory in Narva to expand production.

Fortaco is a company in Narva. It has 400 workers. New customers wanted more production. Fortaco built a new factory.
The new factory cost 16 million euros. A fund gave 2 million euros. The company built the factory in 2023. The market was down then.
The boss of Fortaco says: 'We decided to invest. The market was down, so no rush. Now the market is up. We are ready to grow.'
Another company, HANZA, wants to build a new factory too. HANZA expanded two years ago. But finding workers is hard.
The boss of HANZA says: 'We want to expand more. Logistics and automation grow fast. But skilled workers are hard to find.'
The new Fortaco factory has 30 workers now. By the end of the year, it will have 80 workers.