# Gémtech inaugurates new production hall in Napkor, Hungary

Gémtech Kft. inaugurated a new production hall in Napkor, Hungary, completing a HUF 2 billion investment supported by a HUF 900 million government subsidy. The project aims to protect 450 jobs at the metal structures manufacturer.

- Type: Investment
- Announced: 2022-01-23
- Where: Napkor, Hungary
- Value: $6.40M (2.00B HUF)
- Jobs: 450
- Starts operating: 23 Jan 2022
- Status: completed
- Products: crane systems, metal structures
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Gémtech Kft.](https://endata.com/companies/60512.md)

## Sources

- [autopro.hu](https://autopro.hu/en/news/gemtech-concludes-huf-2bln-investment-project/622195), 2022-01-23: "Gémtech Kft.'s new production hall in Napkor was inaugurated in the presence of Péter Szijjártó, Hungary's Minister of Foreign Affairs and Trade."

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