# Medicor Elektronikai opens new production and development hall in Hungary

Medicor Elektronikai inaugurated a 1.3 billion forint (EUR 34.8 million) production and development hall, creating 50 jobs. The investment was supported by the government.

- Type: Expansion
- Announced: 2023-07-18
- Where: Hungary
- Value: $38.0M (1.30B HUF)
- Jobs: 50
- Starts operating: 18 Jul 2023
- Status: completed
- Products: ventilator systems, medical equipment
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Medicor Elektronikai](https://endata.com/companies/71513.md)

## Sources

- [budapesttimes.hu](https://www.budapesttimes.hu/corporate/finance-minister-inaugurates-medical-equipment-manufacturing-facility/), 2023-07-18: "Finance Minister Mihaly Varga inaugurated Hungarian medical equipment maker Medicor Elektronikai's 1.3 billion forint (EUR 34.8m) production and development hall on Tuesday, and said the government-supported investment would create 50 jobs."

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