SUPPORTING THE EXPANSION OF OUR PRODUCTION CAPACITY
AMOUNT OF SUPPORT: 27 224 040 HUF
AMOUNT OF AID: 50 %
PROJECT IDENTIFICATION NUMBER: GINOP-1.2.2-15-2015-00494
PROJECT COMPLETION DATE: 2016.07.12.
Our company won 27.22 million HUF in non-refundable support in the call for tenders entitled “Support for capacity-enhancing investments of micro, small and medium-sized enterprises” within the framework of the Széchenyi 2020 program. From the investment exceeding the total budget of 52.95 million HUF , we implemented the complex production capacity expansion.
As part of the project, we acquired production equipment. The purchased equipment serves the purpose of increasing the quantity and quality of the products we produce, and reducing the production time. Our production technology was developed in a way that resulted in an increase in added value with the machines purchased as part of the tender. The purpose of our capacity expansion investment was to be able to produce a product that is in demand in the long term. Our primary goal remains to provide long-term job opportunities for our employees, and to be able to produce high-quality, accurate, high-capacity products for our customers.
Thanks to the investment, our company can keep 8 jobs.
Our project received a 27.22 million HUF non-refundable grant from the Széchenyi 2020 program, GINOP-1.2.2-15-2015; the total cost of our project was 52.95 million HUF .
Beneficiary name: First-Tech Ltd.
Project title: Capacity expansion and energy modernization investment of First-Tech Ltd.
Project ID number: GINOP-1.2.3-8-3-4-16-2017-00497
Loan requested in the context of construction: 81.210.094 HUF
Non-refundable grant: 40.605.047 HUF
Self-reliance: 13.535.016 HUF
Total project cost: 135.350.157 HUF
Level of support: 30 %
Project start date: 2017.03.11.
Project completion date: 2019.04.23.
During the capacity expansion and energy modernization investment of First-tech Kft., it was fully completed with the purchase and commissioning of the planned machines and devices. We purchased the following tools from the planned amount: 1 pc AgieCharmilles CUT 20P wire EDM, 1 pc KAFO-NCT KFO 650DD rotary-tilt table CNC machining center, 1 pc 50 kW solar system, 1 pc Big Smark laser engraver, 1 pc AgieCharmilles CUT E350 wire spark cutter, 1 Taski Swingo battery-powered cleaning machine. We implemented the project within the planned deadline. The device purchased by Valemennyi was put into operation, and if necessary, the employees were also trained.
A type C information board was placed on the wall of the production hall. The loan requested under the scheme was provided by MFB Magyar Fejlsztési Bank (intermediary: Budapest Bank Zrt.). The final settlement related to the project was submitted on 05/08/2019.