ADVERTISEMENT

Color Pack Completes EU-funded Investment

Manufacturing

Picture for illustration purposes only.

Image by Shutterstock.com

Hungarian printing company Color Pack has completed an expansion and upgrade at its base in Nyiregyhaza (207 km northeast of the capital), according to a report by state news wire MTI.

Color Pack said it was awarded close to HUF 400 million in conditional European Union and state support for the investment, covering half of the project cost.

The investment has the potential to raise Color Pack's revenue by "at least 50%".

Color Pack had net sales revenue of HUF 3.3 bln last year, public records show.

Gránit Bank Balance Sheet Close to HUF 1.4 tln Banking

Gránit Bank Balance Sheet Close to HUF 1.4 tln

Hungary Expects Progress From EU on Erasmus+ Matter EU

Hungary Expects Progress From EU on Erasmus+ Matter

Used Family Homes Most Difficult to Sell in Q1 Residential

Used Family Homes Most Difficult to Sell in Q1

7th Edition of BSC Charity Beach Volleyball Tournaments Comi... In Hungary

7th Edition of BSC Charity Beach Volleyball Tournaments Comi...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.