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GINOP-8.3.5-18 B - Labor cost financing and operating costs of Pannoniacoop Kft.

Title of the project: Labor cost financing and operating costs of Pannoniacoop Kft.

Name of the beneficiary: Pannoniacoop - Logisztikai Korlátolt Felelősségű Társaság

The amount of the contracted loan: 80 000 000 HUF

Project identification number: GINOP-8.3.5-18 B - H-EKTG2/108575/2023/463279/001

Project start date: 02.03.2023.

Presentation of the project content:

The goal of the company is to cover the costs of the employee's wages in order to maintain flexible operations and assure survival, and this goal is fulfilled by the requested finance. The company wants to settle the salary of our employees, particularly professional drivers, who are not employed in our headquarters but are responsible for loading and unloading cargo, transporting it, and operating trucks. The requested loan will cover the personal contributions of the employees. The loan will also be used to finance the overhead costs of the company. Unpredictable market trends, particularly the increase in fuel prices, are burdening the company increased, and this loan program helps to counter these rising costs. With the support of the loan program, the company's competitiveness will improve thanks to the employment of qualified personnel, whose employment will be supported by the loan program.