Agricultural machinery production developed last year
Almost HUF 1 billion was spent to develop agricultural machinery production in Jász-Nagykun-Szolnok and Hajdú-Bihar counties, writes magro.hu.
McHale Hungária Kft., based in Szolnok (105 km east of Budapest), lead the consortium in which three other Hungarian companies were active in the HUF 427 million non-refundable grant project.
According to the announcement, the project, funded with 50% aid under the Operational Program for Economic Development and Innovation (GINOP), started two years ago and was completed at the end of last year.
McHale Hungária Kft. expanded its production hall by 665 sqm in order to improve production and purchased modern production machines. In the consortium, McHale Hungária’s supply partners - Cabinworld-Stahl Kft, Lég-Tech-Szer Bt. and Optimit Hungária Kft. also received support for the purchase of several machines and equipment, magro.hu adds.
Watchdog Fines OTP Bank for Regulatory Shortfalls
Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s
Biggeorge Adds 2 New Directors to Top Management
Tastin' France 2024 Wine Event Coming in June
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
