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statefunding

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Seiren Group Set Up New Plant in Pécs

D&T
May 31, 2023

The Japanese Seiren Group has set up a new plant in Pécs for over EUR 42 million to manufacture synthetic leather car seat covers. 30% of the investment costs are borne by Hungarian taxpayers through a government decision. The site is the first one ever established by the company in Europe where 170 people will […]

Boosting Recyclable Building Material Capacities

D&T
May 8, 2023

Innoscitech Ltd.’s new autoclaved aerated concrete plant has been inaugurated in Biharkeresztes, eastern Hungary, as a result of a HUF 14 billion investment, some 40% of which is paid for by Hungarian taxpayers through a government decision. As the Hungarian Investment Promotion Agency reports, the additional substantial production capacities will allow to supply environmentally friendly […]

Viterra Oilseed Crushplant Expanded

D&T
Oct 21, 2022

An investment of EUR 66 million further modernizes Viterra Növényolajgyártó [‘Vegetable oil production’] Ltd.’s oilseed crush plant in Foktő, Bács-Kiskun county, as a result of which an automated unit for vegetable oil further refining has been installed. About 8% of the investment was covered by Hungarian taxpayers’ money through a government decision. Thus, Viterra’s plant […]

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