Gov't awards subsidies to support healthcare supply self-sufficiency

Government

Photo by Shutterstock.com

Some HUF 7.4 billion in government subsidies have been awarded to five companies that are spending a combined HUF 9.4 bln on capacity investments that will boost Hungary's level of self-sufficiency in the production of medical supplies, Finance Minister Mihály Varga said, according to a report by state news wire MTI.

Mould Tech was awarded HUF 3.5 bln to support a HUF 4.5 bln investment in ventilator and disinfectant equipment production.

FF Fémfedologozó, which makes hospital cabinets, trolleys, and mobile equipment for operating theatres, got HUF 509 million for a HUF 650 mln investment in production development.

Medicor Elektronika, which makes neonatal incubators, received HUF 1 bln for a HUF 1.3 bln plant in the capital.

Thermotechnika-Crown Cool won HUF 426 mln to add a HUF 450 mln HEPA filter production line.

Florin got almost HUF 2 bln for a HUF 2.5 bln expansion of its disinfectant capacity. 
 

ADVERTISEMENT

Sharp Rise in Energy Costs Putting Strain on Competitiveness Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim... City

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim...

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.