Three companies have completed a combined 2.5 billion forint (EUR 7m) worth of investments supported by government grant money earmarked for projects to boost Hungary’s self-sufficiency in the production of health-care supplies, the finance minister said on Wednesday.
F-Team spent 825 million forints on an automated production line for disinfectant at its base in Jásztelek, in eastern Hungary. The investment was supported with 782 million forints in grant money, Mihály Varga said on Facebook.
Karsai Alba invested close to 1.2 billion forints in capacity to make masks and packaging for immune system fortifying vitamins, supported with 1.1 billion forints, at its plant in Székesfehérvár, in western Hungary.
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Finance Minister: Hungary Self-Sufficient in Manufacturing Medical Masks
Hungary has become self-sufficient in manufacturing medical-grade masks that protect against the coronavirus, Finance Minister Mihály Varga said at the launch of a production line turning out one million masks a day at the plant of Vajda Papír in Dunaföldvár. The 1.4 billion forint (EUR 3.9m) investment supported by a 1.1 billion government grant has […]Continue reading
Prement spent 520 million forints on capacity to 3D print medical equipment at its factory in Győr, in north-western Hungary. It was matched with 489 million forints in grant money.
Varga noted that investments supported in the framework of the scheme, launched during the early phase of the pandemic, have made Hungary self-sufficient in surgical mask production.
Featured photo illustration by Balázs Mohai/MTI