Caadex Kft. expands Baranya-based operation with HUF 960 million investment
Caadex Kft., a company engaged in the manufacturing of steel structures and metalworking activities, has invested nearly HUF 960 million in expanding production capacities at its Mindszentgodisa site, half of which was subsidized from European Union funds.
Established in 1994 and engaged in metalworking, sheet metal and steel production activities, Caadex Kft. has used the funds to purchase a robotized welding cell and a laser cutter.
The investment was supported by the Economic Development and Innovation Operational Orogramme (Ginop) with a HUF 480 million subsidy.