GINOP PLUSZ-1.2.3-21

Name of beneficiary: Frost & Go Kft.
Title of the project: Investment increasing warehouse capacity

Amount of contracted support: HUF 68,132,294
Rate of support (%): 70%

Total cost of the Project: HUF 97,331,848
Description of the project content:

The result of the development: 1 Dexion racking system was procured, enabling automated storage in two rooms. As a result, storage efficiency increased by 30%, the time for loading and unloading was reduced to one quarter, and the work of 2 people was saved. In addition, 1 electric forklift was put into operation, tasked with the movement of goods, thus material handling capacity also increased. A new office was built on a gross area of 111.3 m², with its cooling and heating provided by a modern air-to-water heat pump. A parking lot, pavement, and an accessible ramp were also constructed for the office.

A fire water reservoir was built with a capacity of 350 m³, suitable for storing firefighting water.

Furthermore, IT training was carried out for 1 person for 30 hours.

Brand and graphic design was carried out for 50 hours. The development generated HUF 50,000 thousand in additional revenue and 10% cost savings. In line with the above developments, the extent of the automated warehouse space has now reached 50% of capacity.

Start date of Project implementation: 01.02.2022
Starting date of eligibility of Project costs: 20.01.2022
Planned date of physical completion of the Project: 30.10.2024
Deadline for submission of the final payment claim:24.04.2024
Project identification number: GINOP_PLUSZ-1.2.3-21-2022-01129