GRANTS AND INVESTMENTS

In 2015 Varda Ferro Kft applied for Grant GINOP-1.2.1-14 – Micro, small and medium-sized enterprises to expand production capacity. Accordingly, Várda Ferro Kft won and successfully implemented the Grant under registered identification number GINOP-1.2.1-14-2014-00174. Under the project, two major production capacity expansion projects were implemented: In respect of the production, an EmB-1605G CNC -precision CNC machining center was established. The production capacity can be increased up to 30% as a result of the investment. As a result,, previous production limitations are eliminated at Várda Ferro Kft, annual sales can rise up to 390 tonnes. In addition, Várda Ferro Kft also purchased 3 pieces D35.33S type of forklifts for product handling tasks.

The investment realization in pictures: