Meditop inaugurates HUF 300 mln investment
Pharmaceutical company Meditop Gyógyszeripari today inaugurated a HUF 300 million investment at its plant on the outskirts of Budapest, Hungarian news agency MTI reported.
Meditop installed an OʼHara tablet coater with credit from the National Bank of Hungaryʼs (MNB) Funding for Growth Scheme (FGS) as well as a European Union and state development grant.
Meditop, owned by private Hungarian individuals, has invested HUF 3 billion in Hungary in the last six years and employs 170 people.
It had a loss of about HUF 100 mln on revenue of HUF 5.8 bln last year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.