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Funding projects

Developments that build the future

Our funded projects and the related disclosure information.

Bird's-eye view of Z Elektronika's site in Pécs

“Capacity expansion and efficiency improvement at Z Elektronika Ltd.”

Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Kft. participated in the SME Technology Plus GINOP Plusz-1.4.3-24 Loan Programme to finance the acquisition of new fixed assets.

Beneficiary: Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Kft.

Project identification number: GINOP PLUSZ-1.4.3-24

Name of the loan programme: SME Technology Plus Loan Programme_A_LHH

Amount of repayable financing: HUF 85.19 million

Project completion date: April 14, 2025

Brief description of the project

The project involved the procurement and commissioning of one automatic electronic component placement machine and one vertical storage system. The objective of the project was to increase the company’s electronic component placement and storage capacity.

The project was implemented with the support of the European Union and co-financing from the Hungarian State.

“Expansion of production and development capacity through the acquisition of an automatic electronic component placement machine at Z Elektronika Ltd.”

Full name: Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Kft. Full project title: Expansion of production and development capacity through the acquisition of an automatic electronic component placement machine at Z Elektronika Ltd.

Detailed description of the project The project involved the procurement and commissioning of an automatic electronic component placement machine. The objective of the project was to increase our electronic component placement capacity. The commissioning of the new production equipment enables a significant increase in efficiency and, in addition to technological renewal, helps eliminate our capacity constraints.

Amount of funding: HUF 40,000,000 Funding intensity: 56% Actual physical completion date: October 30, 2020 Project identification number: GINOP-1.2.10-19-2019-00012

“Financing labour costs under the technological modernization programme for micro, small and medium-sized enterprises”

Beneficiary: Z ELEKTRONIKA FEJLESZTŐ, GYÁRTÓ ÉS KERESKEDELMI KFT.

Project title: Financing labour costs under the technological modernization programme for micro, small and medium-sized enterprises

Contracted amount of funding: HUF 100 million

Call identification number: GINOP-8.3.5-18/B

Project completion date: 2023

„"Gyógyszerkutatásban alkalmazható nagyprecizitású automatizált fájdalomküszöb mérőberendezés kifejlesztése"”

Beneficiary: Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Korlátolt Felelősségű Társaság

Project identification number: 2020-1.1.2-PIACI-KFI-2021-00255

Project implementation period: July 22, 2021 – December 31, 2027

Contracted amount of funding: HUF 150,933,097

Project description

Development of a high-precision automated pain threshold measurement device for use in pharmaceutical research.

“Capacity expansion and modernization to preserve jobs at Z Elektronika Ltd.”

Beneficiary: Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Korlátolt Felelősségű Társaság Project identification number: GINOP-1.2.8-20-2020-00666 Project implementation period: August 1, 2020 – March 1, 2022 Contracted amount of funding: HUF 41,137,981

Project description

As part of the capacity expansion and modernization project, we procured a climate test chamber and a wave soldering system.

“Hungarian Multi Programme III – Support for the comprehensive development of small and medium-sized enterprises with high growth potential”

Beneficiary: Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Korlátolt Felelősségű Társaság Project title: Construction of a new production hall and expansion and efficiency improvement of production machinery capacity at Z Elektronika Ltd. Contracted amount of funding: HUF 499,999,331 Funding intensity: 50% Planned physical completion date: July 29, 2022 Project identification number: GINOP-1.2.7-20-2021-00005

Project description

As part of the project, we further modernized and expanded our production lines through the acquisition of: 1 Panasonic printing machine 2 Panasonic component placement machines 2 Quattro Peak L reflow ovens 1 Pillarhouse Fusion selective soldering system 1 MPB shelving system 1 EKX 410 electric forklift 1 CNC machining center 1 M-YAMAHA-YSi-V automated optical inspection system

The multifunctional building constructed as part of the investment enables us to increase efficiency while further expanding our production capacity.

The IT developments implemented as part of the project were partly necessitated by our expanding capacities and partly served to directly support the development of our product development activities.

The introduction and certification of a comprehensive quality assurance system represented a significant step forward in the development and marketability of our own products.

To improve the efficiency of our operations, we also made use of consulting services, including business planning, financial consulting and organizational development.

“Development of an innovative portable low-voltage nasal aspirator for children and its manufacturing technology”

Beneficiary: ATTRACT Kereskedelmi és Szolgáltató Kft. Project title: Development of an innovative portable low-voltage nasal aspirator for children and its manufacturing technology Amount of funding: HUF 96,281,665 Funding intensity: 58% Actual completion date: December 31, 2017 Project identification number: GINOP-2.1.1-15-2015-00413

Project description

Within the framework of the Széchenyi 2020 programme’s “Support for corporate R&D&I activities” scheme, ATTRACT Kereskedelmi és Szolgáltató Kft. and Z Elektronika Kft. implemented a project with a total budget of HUF 166 million. The project resulted in the development of a child-friendly nasal aspirator with performance comparable to existing Nosiboo® devices, while offering a number of additional advantages. ATTRACT Kft. aims to establish the developed device as a market-leading product in the nasal aspirator market, making a good price-to-value ratio essential. During production preparation, we therefore continuously focused on achieving the most cost-effective component manufacturing and the most efficient production and assembly processes.

“Capacity expansion investment at Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Korlátolt Felelősségű Társaság”

Beneficiary: Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Korlátolt Felelősségű Társaság Project identification number: GINOP-1.2.2-16-2017-00482 Project implementation period: May 2, 2017 – July 27, 2018 Contracted amount of funding: HUF 17,016,522

Project description

As part of the project, we acquired equipment required for electronics development and manufacturing. Thanks to the hardware acquired, we are able to perform these activities more efficiently and with improved quality. As a result of the project, production bottlenecks were eliminated, our services became more comprehensive and our competitiveness improved.

“Introduction of flexible employment arrangements at Z Elektronika Ltd.”

Beneficiary: Z Elektronika Fejlesztő, Gyártó és Kereskedelmi Korlátolt Felelősségű Társaság Project identification number: GINOP-5.3.2-16-2016-00519 Project implementation period: January 1, 2017 – December 31, 2017 Contracted amount of funding: HUF 11,474,351

Project description

The employment arrangements of six employees were changed from traditional working arrangements to flexible employment arrangements. As part of the project, two new employees were also hired in accordance with the criteria specified in the funding call.

The introduction of flexible employment arrangements significantly supports a better work-life balance and provides opportunities for working from home. This was supported within the framework of the project through the procurement of the necessary IT equipment, including hardware and software.

Széchenyi funding information