The investment is part of a EUR2 million development program started six months ago, targeting the increase of production capacity, the improvement of services and the development of the logistic system in Hungary and Romania.
In Hungary, the company built a new furniture plant. Fornetti also modernized the car fleet by acquiring 38 new vehicles.
The group will also enter the German market in the upcoming period.
Fornetti has a franchise network of 1,500 partners in Eastern Europe.