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GINOP-8.3.5-18/B - Labor cost financing

Title of the project: Labor cost financing

Name of the beneficiary: Pannoniacoop - Logisztikai Korlátolt Felelősségű Társaság

The amount of the contracted loan: 25 000 000 HUF

Project identification number: GINOP-8.3.5-18 B - H-EKTG2/104587/2022/463279/001

Project start date: 18.08.2022.


Presentation of the project content:

In 2009, Pannoniacoop - Logisztikai Kft. was established in Hungary. Our main activity since the beginning has been 4941 '08 Road freight transport, in which we deal with international and domestic road transport of goods, and the carrier itself constitutes a significant part of our revenue. We began by transporting goods between Balkan countries, but as time passed, we expanded our market to include the entire European continent, and our delivery service is currently carried out from Hungary to Europe and from Europe to Hungary. With our current capacities, we can deliver more than 100 shipments per week to any point in Europe. Among our long-term objectives is to expand our logistics and transportation services and allow our company to grow and become a dominant player among road freight transporters in the future.

The requested funding will be used for personal payments. Because our company is constantly expanding and raising wages, I'd like to cover these expenses with a refundable subsidy. We will increase the company's competitiveness with the help of the loan program by having suitable employees supported by this scheme.

GINOP