Name of the beneficiary:
STEELFLEX Steel Processing, Service and Trading Limited Liability Company

Project title / objective:
Capacity expansion of STEELFLEX Ltd.

Amount of support:
HUF 299,312,087

Support intensity:
70%

Actual project completion date:
16 December 2022

Project identification number:
GINOP-1.2.16-22-2023-00279

Project description

Thanks to the support of the European Union, the company had the opportunity to invest in new machinery. As part of the project, a tube laser cutting machine was purchased, which is essential for the company’s operations. With the help of this equipment, work processes can be carried out more precisely and efficiently, resulting in significant time savings.

In addition, the roof structure of the production hall was replaced. In line with energy efficiency goals, a heat pump system was also installed in the new facility.

Furthermore, the training of one employee was carried out within the framework of the project.

As a result of these developments, Steelflex Ltd. is able to complete orders more quickly and cost-effectively, enabling the company to increase profitability in the long term while also improving its competitiveness and productivity.