HomeLatest FeedsTechnology NewsDelta 500 won a grant to increase its paper production capacity

Delta 500 won a grant to increase its paper production capacity



The equipment not only contributes to a significant increase in production volume, but also widens the range of manufactured products.

Delta 500 Kft. from Mórahalm won a grant of more than 200 million forints to increase its paper production capacity. The company received a grant of 209.3 million forints from the Economic Development and Innovation Operative Program (Ginop) for its investment with a total cost of 299 million forints, in which it buys and puts into operation paper production and processing equipment .

The company wrote: the equipment not only contributes to a significant increase in production volume, but also widens the range of products produced.

Delta 500 Kft., located in Mórahalm, was founded in 2003. At that time, the main profile of the company was security and cleaning of commercial and industrial buildings. In 2014, the profile was supplemented with the production of institutional hygiene paper goods, the distribution of hygiene paper goods, the production of non-biocidal cleaning products and the distribution of cleaning products.

Equipment for packaging the finished paper products ready for sale and delivery is part of the supported project.

In the framework of the tender, the company would also provide tempering heating for the production plant by commissioning a 16-kilowatt air-water heat pump.

According to publicly available company data, the net sales revenue of Delta 500 Kft. in 2022 was HUF 277.3 million, and a year earlier it was HUF 170.5 billion. The company’s profit after tax in 2022 was HUF 18.15 million, while in 2021 the company closed with a profit of HUF 8.8 million.

Mr.Mario
Mr.Mario
I am a tech enthusiast, cinema lover, and news follower. and i loved to be stay updated with the latest tech trends and developments. With a passion for cyber security, I continuously seeks new knowledge and enjoys learning new things.

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