The Hungarian startup, which manufactures a collapsible container, exploded on the market
After a two-year design and manufacturing history, Continest Technologies Zrt., Established in 2019, achieved sales of more than HUF 820 million in the second year of its operation, 78 percent of which came from export sales.
The dynamic growth after HUF 65 million in the previous year (half-year) is explained by the fact that the container technology company quickly adapted to market needs during the pandemic and reacted quickly to the changed market conditions with its scalable products. The development of containers integrating innovative technologies has included a package of services such as power supply, solar and battery systems, water block units and ballistic systems of particular importance to the defense industry.
Continest’s business strategy currently focuses on four areas: serving a wide range of medical, defense, event, and so-called “urban” needs (e.g., residential, educational projects). The company’s container fleet has been leased almost 750 times in recent years – to 15 European countries.
A key part of the company’s developments is fighting the coronavirus epidemic and helping the work of health agencies. The first mobile Covid-19 sampling point was quickly commissioned on behalf of the Budapest Pain Ambulance, and in September it handed over the mobile container laboratory operated jointly with the Hungarian Maltese Charity Service. With this, the company also entered the medical segment of outstanding importance.
Continest is relaunching an industry in Hungary that has been based on the same technology for many decades and has not followed market trends or globally changing needs. With its Solutions, we are acting as an innovative, container-based integrator in the market, providing solutions to situations that require temporary infrastructure in a wide variety of industries. We want to be a pioneer in reforming the container market, so we are still working to open our first domestic factory with which to resume domestic container production, said Vidor Kis-Márton, CEO of Continest.