HUF 5 Billion Worth Development At Henkel's Körösladány Plant In Hungary

  • 4 Jul 2013 9:00 AM
HUF 5 Billion Worth Development At Henkel's Körösladány Plant In Hungary
The handover of the new production facility took place on 2 July 2013. Mr Nándor Csepreghy, Deputy State Secretary for Development Projects said that the Government was determined to use 60% of the EU funds available to Hungary during the budget period 2014-2020 for economic development, thus creating as many jobs as possible.

As a result of two successful applications the company had been awarded a total of HUF 907 million worth support toward its HUF 4.6 billion worth investment under the New Széchenyi Plan. The complex technology development programme created 16 new jobs at the company.

At the Körösladány Plant of Henkel continuously expanding for more than two decades the latest innovative washing machine are being produced due to a development launched in 2011.

The first tender closed in 2012 provided support for the development activity required for the new production technology. Under the New Széchenyi Plan HUF 317 million worth support was awarded toward the HUF 705 million worth development. The recently closed second tender facilitated the implementation of the new production technology and the creation of workplaces. For this HUF 3.9 billion worth project Henkel was awarded HUF 590 million worth support. The amount of the investment included among others the internal development of the production plant, the acquisition of equipment as well as labour force related costs.

Source: Ministry of National Development

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