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Municipality to build HUF 400 mln business incubator

Incubators

The municipality of Tata is to build a HUF 400 million business incubator with support from the European Union and the government, mayor József Michl said on Thursday, according to a report by state news wire MTI.

The 1,000 sqm building will have a 600sqm workshop area as well as offices and a meeting room.

The investment will create three jobs.

The aim is to provide services to startup companies with growth potential that are active in mechanical engineering, vehicle manufacturing, food processing, or the green economy, the mayor said.

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