Judit Varga: Hungary is at the forefront of road development in the EU
Papex kft., Which specializes in road and civil engineering, specializes in road and civil engineering. He handed over the central building and the assembly hall in the Mechatronics Park in Miskolc on Thursday, realizing the investment with a HUF 300 million state loan and HUF 200 million equity.
At the event, Judit Varga, Minister of Justice from Miskolc, said: the main profile of Papex Kereskedelmi és Szolgáltató Kft. Is road and civil engineering, our cooperation with the countries of the region “.
He added: this requires a strong countryside, so that Central Europe can also be a strong and independent power center, a vascular system needs to be developed so that the bloodstream can function properly, networks need to be built that connect all the nodes in the countryside.
“In this area, we are moving in the right direction; 87 percent of Hungarians can connect to the highway network within 87 minutes”He added, noting that Papex is not only accomplishing the task entrusted to it by building the road, but also by working to accomplish a larger mission.
The last 12 years have been about growth, construction, predictability and peaceful development, Judit Varga said, pointing out that now that war has broken out in the neighborhood, this process is in jeopardy.
the stakes are whether we can continue to develop in peace or the burdens of a war we do not want are forced upon us.
The national government takes responsibility for all Hungarian enterprises because it is convinced that these are the engines of the economy, the key to Hungary’s development, “we believe that Hungary cannot move forward without them, so we will do everything we can to promote growth, should be supported, ”said the Minister of Justice.
Zsolt Papp, Ltd. its managing director introduced the family business, which has been in operation since 1993, and then said that the company’s philosophy is an engineering approach and high-quality, precise and fast work to ensure customer satisfaction. As he said, their goal is to maintain a stable market presence and ensure continuous professional and technological development through generations. Ten full-time companies employing up to fifty people on investments recorded sales of HUF 900 million last year.
According to public company data, the company’s profit after tax in 2020 was more than HUF 18 million, compared to about HUF 11 million a year earlier. Net sales were HUF 414 million in 2020 and HUF 553 million in 2019.