# Spinto Hungaria invests EUR 19M in Miskolc expansion

Hungarian machine toolmaker Spinto Hungaria is investing 5.9 billion forints (EUR 19m) at its base in Miskolc, Hungary, creating 140 jobs. The government is supporting the investment with a 2.4 billion forint grant.

- Type: Investment
- Announced: 2017-11-03
- Where: Miskolc, Hungary
- Value: $22.1M (19.0M EUR)
- Jobs: 140
- Status: announced
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Spinto Hungaria](https://endata.com/companies/17840.md)

## Sources

- [dailynewshungary.com](https://dailynewshungary.com/spinto-hungaria-investing-19-million-euros-miskolc-base/), 2017-11-03: "Spinto Hungaria has already signed the first employment contracts with its new hires, attracting some back to Hungary from jobs abroad."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.