Abraziv Ltd. in the Hungarian Multi-Program

 László György, Secretary of State responsible for Innovation and Higher Education at the Ministry of Culture and Innovation, acknowledged Abraziv Ltd. in October 2022 with a certificate, which was accepted by Zsolt Turák, Deputy CEO.

Under the IFKA’s Hungarian Multi-Program, 134 companies have received support worth a total of 65.8 billion HUF so far. The companies will use this subsidy for such investments and developments for capacity improvement, efficiency enhancement, and market expansion, which could lay the foundations for these SMEs to become regional or even global multinational companies in the long term. 

Abraziv Ltd. will use the amount to build a new industrial hall to complement its existing industrial halls in order to increase capacity and productivity.

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