One hundred and eighty jobs were protected by the HUF 4.2 billion expansion of Neopac Hungary Kft. – Minister of Finance Mihály Varga reported on his Facebook page on Wednesday.
Three additional investments were made during the third wave of the epidemic, ensuring the preservation of 800 jobs. Neopac Hungary Kft. Expanded from HUF 4.2 billion in Debrecen and protected 180 jobs.
The Debrecen company also manufactures tubes from recycled plastic and renewable materials. Before the investment, they used to work with 178 people, now with 216. Of the HUF 4.2 billion investment, HUF 957.2 million was received as support.
The money was used to install a new high-speed production line and a digital printer that is new to the industry. With this, they want to minimize the technological waste generated during production. Almost 100 percent of the remaining waste is resold for later use, said Csaba Gábor Oláh, the company’s managing director.
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