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Our projects

In the history of Telek Paprika Ltd. 2017 was a crucial year. Thanks to the support of the Hungarian Government, through the Prosperitati Foundation, our company received direct incentive funds worth EUR 1.8 million, as well as additional interest support of a loan in the amount of EUR 300,000. These funds, together with a loan from OTP Bank and its own share, were used for a total of € 4.1 million to increase capacity - to purchase an energy efficient high capacity dryer and to dock processing lines, to purchase high capacity devices for sterilizing pharmacological precision, as well as to renovate the technical equipment of the company.

However, the company didn't halt its progress; in 2020, it reapplied successfully at the Prosperitati Foundation, securing a grant of 1 million euros out of a total investment of 2.2 million euros. The project's primary objective was to modernize and automate the existing facilities, particularly focusing on enhancing energy efficiency. A key component of this investment was upgrading the drying capabilities, which boosted the company's productivity and further strengthened its competitive position in the market.