Technology development at Pannon Tools Kft.

Tender ID:
GOP-2.1.1-09/A/2-2010-0807

Title of the tender:
Technology development at Pannon Tools Kft.

Total net cost of development:
HUF 82,807,994

Amount of support awarded:
HUF 25,000,000

Rate of support awarded:
30.19%

Completion date:
Q2-Q4 of 2010

Short description of the development
During the development 1 vertical machining centre, 1 EDM equipment and 1 band saw machine have been purchased. The machines procured during the development have been installed in the tool plant of company in order to upgrade and expand its capacity. The development significantly contributed to the improvement of the competitiveness of the tool plant, therefore our company was able to increase the revenue of the tool plant by 30 percent per year after completion.