Color Pack Completes EU-funded Investment

Manufacturing

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Hungarian printing company Color Pack has completed an expansion and upgrade at its base in Nyiregyhaza (207 km northeast of the capital), according to a report by state news wire MTI.

Color Pack said it was awarded close to HUF 400 million in conditional European Union and state support for the investment, covering half of the project cost.

The investment has the potential to raise Color Pack's revenue by "at least 50%".

Color Pack had net sales revenue of HUF 3.3 bln last year, public records show.

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