AJG Agrogep lays cornerstone of HUF 200m production hall
A grant from the New Hungarian Development Plan is covering about half of the cost of the investment. The grant was awarded on the condition the company makes ten new hires and keeps the staff employed for three years. The company expects to complete the 1.700sqm production hall by the end of May, said managing director Geza Ferencz. AJG Agrogep makes about 400 vehicles a year, exporting half, mainly to Romania and Slovakia. Last year it had revenue of HUF 1,5bn.
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