Kronospan-Mofa – Austrian manufacturer of wooden panels – has expanded its capacities in Mohács. This will create 250 jobs in the long term. The state therefore granted subsidies amounting to HUF 286 million (EUR 725,000) for the investment, which is estimated at more than HUF 2 billion (EUR 5 million).
Kronospan-Mofa will be able to produce up to 240,000 cubic meters of wood panels per year in the course of the project. More than half of the raw materials will be supplied by local companies. Around 90% of the products from southern Hungary are destined for export.