NGM´s Investor of the Month award goes to machine builder
Hungary´s Minister for National Economy Mihály Varga presented the “Investor of the Month” award to Poppe+Portthoff Hungária Gépgyártó Ltd, while “Kis” Szerelő és Kereskedő Ltd received the “SME of the Month” title.
In his speech, the Minister pointed out that since August last year he presented awards every month to those laudable enterprises that have achieved remarkable results, reported the Ministry for National Economy on its website.
The Ministry for National Economy (Nemzetgazdsági Minisztérium - NGM) aims to call attention to enterprises that play a key role in the country’s economic performance and which, through their achievements, are capable not only of contributing to GDP growth, but also of acting as role models, Mihály Varga stressed.
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“Investor of the Month” awardee, Poppe+Portthoff Hungária Gépgyártó Ltd, is a company with headquarters in Ajka, Hungary, which provides the car industry with self-developed common rail sub-systems and high-pressure diesel injection tubes. The enterprise has been a supplier of noted car makers.
Due to increasing market demand, they have launched an investment project valued at some HUF 6 billion in Ajka, through which production capacity and product range will be expanded and 50 new jobs will be created. The factory currently has 420 employees.
Sajóbábony-based (Northern Hungary) "Kis" Szerelő és Kereskedő Ltd was presented with the “SME of the Month” award. The company was founded in 1990 with an initial headcount of six employees as an enterprise for general maintenance and installation of technologies. They have since then developed a number of in-house technologies as well. The company provides a living for more than 20 engineers and 116 semi-skilled workers, reported the Ministry for National Economy.
