Inotal Ltd, which produces aluminium semi-finished products, strips, and wires won a HUF 914m non-refundable support grant from the European Union. With it, the company plans a HUF 2.5bn investment within two years, financed by the company’s owners and by bank loans. The company intends to create 50 jobs through the investments. Besides the improvement of their professional backround, they plan to spend the EU support to be envionmentally more cautious and to develop its IT and technical systems.
