# Kuenz-SK receives EUR 2M state aid for crane plant expansion in Kechnec

Kuenz-SK will receive a EUR 2 million state investment incentive to expand its container crane manufacturing plant in Kechnec, Slovakia. The company will invest EUR 19 million and create 15 new jobs by the end of 2028.

- Type: Expansion
- Announced: 2023-11-20
- Where: Kechnec, Slovakia, Slovakia
- Value: $20.5M (19.0M EUR)
- Jobs: 15
- Starts operating: 2028
- Status: announced
- Products: container handling cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Kuenz - SK](https://endata.com/companies/73000.md)
- [Künz GmbH](https://endata.com/companies/27357.md) (partner)

## Sources

- [teraz.sk](https://www.teraz.sk/ekonomika/vlada-schvalila-investicnu-pomoc-fir/755627-clanok.html), 2023-11-20: "V rámci realizácie investičného zámeru dôjde k výstavbe novej výrobnej haly, novej montážnej haly a k obstaraniu nových technológií."
- [trend.sk](https://www.trend.sk/spravy/vlada-schvalila-investicnu-pomoc-firme-kuenz-sk-dva-miliony-eur), 2023-11-20: "V rámci realizácie investičného zámeru dôjde k výstavbe novej výrobnej haly, novej montážnej haly a k obstaraniu nových technológií."

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