# Tytex Slovakia receives €484,085 incentive for textile production expansion in Humenné

Tytex Slovakia will receive an investment incentive of €484,085 in income tax relief to expand textile production in Humenné. The company plans to invest over €3.38 million in machinery by March 2025 and expects production to increase by 30.1%.

- Type: Expansion
- Announced: 2024-12-18
- Where: Humenné, Slovakia
- Value: $3.54M (3.38M EUR)
- Jobs: 559
- Starts operating: Mar 2025
- Status: announced
- Capacity: 30.1% increase in production value
- Products: textile products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Tytex Slovakia](https://endata.com/companies/76761.md)

## Sources

- [teraz.sk](https://www.teraz.sk/ekonomika/vlada-textilka-tytex-slovakia-dostane/844191-clanok.html), 2024-12-18: "Realizáciou investičného zámeru výroba dosiahne zvýšenie o 30,10 %."

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