PEMÜ undertakes HUF 189 mln capacity expansion

Conferences

pixabay

PEMÜ Műanyagipari expanded production capacity at its plant in Solymár through an investment of HUF 189 million, supported with a HUF 58 mln government grant, National Economy Minister Mihály Varga said today, according to Hungarian news agency MTI .

The investment is expected to create eight new jobs, Varga said. The company is investing in the purchase of injection moulding machines, PEMÜ CEO-president Elvira Molnár said. 

The government is helping PEMÜ as part of its support program for big manufacturing companies that are not eligible for EU funding, MTI reported.

ADVERTISEMENT

Bourse Turnover Reaches HUF 230 bln in February Figures

Bourse Turnover Reaches HUF 230 bln in February

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

Money Motion 2024: The Future of FinTech Unfolds in Zagreb Fintech

Money Motion 2024: The Future of FinTech Unfolds in Zagreb

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

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.