Pegas Nonwovens receives incentives for new R5 line in Czech Republic

The Ministry of Industry and Trade has issued Pegas Nonwovens investment incentives in the form of tax relief and financial support for a new Reicofil 5 bicomponent spunmelt production line in Znojmo, Czech Republic. The line has an estimated annual capacity of 8,000 to 15,000 tons and will be put into commercial operation in 2019.

“The commitment for investment incentives is provided in the form of an income tax relief and financial support for job creation in the maximum amount of 21.54 % of the total value of qualified expenses.”nonwovens-industry.com

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• nonwovens-industry.comPegas Receives Incentives for New R5 Line - Nonwovens IndustryBy: Karen McIntyre EditorMar 14, 2018

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