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GINOP-1.2.1-16-2017-00145

Support

Project ID Number: 2017 GINOP-1.2.1-16-2017-00145

Within the framework of the Economic Development and Innovation Operational Program, ASG Hydro Ltd. won a grant of HUF 104,710,059 in its tender entitled “Expansion of the production capacities of micro, small and medium-sized enterprises”.

Project description:

“During the project, we expanded the machine park with several new devices that fit organically into the production process, continuing the modernization we started earlier and increasing our capacity. The project also included an investment in the production of renewable energy end products. We will continue to be able to produce a product that is built into a renewable energy device.

Assets acquired during the implementation of the project:

  • 5 VarioSynergic welding machines
  • 1 Clark C70D forklift
  • 1 pc min. 6.3 ton remote controlled bridge crane
  • 2 pcs min. Construction of a 5-ton remote-controlled bridge crane and the associated 12 m column crane track
  • 1 pc WFT 13 CNC Machining Center

As a result of the development, we will be able to connect to both local and international supplier networks and our competitiveness will increase.

Project name:
„Expanding the production capacities of micro, small and medium-sized enterprises”

Amount of support:
104 710 059 HUF (45%)

Project completion date: 2019.12.18

Beneficiary’s name and contact details:
ASG Hydro Ltd.
2800 Tatabánya, Vértanúk tere 8/a.

Name and contact details of the Intermediate Body:

Ministry of National Economy
1051 Budapest, József nádor tér 2-4.