The German company Muehlbauer Technologies is preparing a new industrial production plant combined with a technology centre near Nitra. The investment of approximately €21 million should bring up to 80 new jobs by 2025. This follows from the material sent to the inter-ministerial comment procedure by the Ministry of Economy.
As the Ministry of Economy announced, new technological processes for sheet metal processing and painting are planned in industrial production, as well as the expansion of existing capacities. The company could receive a state incentive for this investment in the form of income tax relief worth a total of €1.95 million. This would be the third state incentive for Muehlbauer Technologies.
The sole shareholder of Muehlbauer Technologies is Germany's Mühlbauer Holding AG. The group has over 3,000 employees in 35 locations worldwide. Its consolidated annual turnover amounts to almost €300 million.
Source: TASR
