Investments and funded projects

The main activity of Steel Riders Kft. is metal machining, and this project developed that activity. The main goal was to increase capacity at the Verpelét site.

The project purchased an AKIRA SEIKI V4 XP CNC vertical machining centre, which enables precise metal machining and was needed because of increased capacity demand.

A FiberSX 4020 laser unit was also purchased. Thanks to its compact design and versatile mounting, it was easy to integrate for reliable, precise marking and micro-machining.

The project also included insulating the existing warehouse at the head office, and purchasing a compressor, a tumbling machine, a contour measuring instrument and four Cincoze Box PCs.

The new machines allow better use of human resources and higher employee efficiency, which in turn increases profit. As a result, the average headcount of 48 in April 2020 increased further.

The investment strengthened the company’s market position and helped retain employees – important for a municipality in a less developed region.

The project was a simple energy development whose only technical and cost item was the installation of a 48.96 kWp solar PV system.

It comprises 144 JA Solar 340 W(m) panels, two Fronius ECO 25.0-3-S (wifi) inverters and the mounting structure for roof fixing.

The development was completed successfully and helps reduce the company’s utility costs.

The project covered the CNC machine purchase essential for growth and the development of the production management system to increase efficiency.

Employees were trained to master the production management system quickly and thoroughly. An existing hall received mechanical and electrical upgrades so it could serve as a production area. The project also included marketing aimed at building further supplier relationships.

In short, the aim was to develop the company’s supplier activities, for which a supplier cooperation agreement was signed with the integrator. Two STAR SB-20RG CNC Swiss-type automatic lathes were purchased.

The aim of the project is to develop a two-seat hybrid-powered type of the Hungaro Copter HC-01 single-seat ultralight helicopter developed by Steel Riders Kft.

We plan to sell the 100% Hungarian-designed and built helicopters on domestic and international markets, raising the profile of the Hungarian aviation industry.

A fundamental and unique safety feature of the helicopter is its hybrid-powered rescue system, which ensures a safe landing in the event of engine failure.

Production efficiency is supported by a new AKIRA SEIKI SR42 XP vertical machining centre and the planned infrastructure investment.

Potential customers include private individuals, business people and agricultural entrepreneurs; the helicopter will also be suitable for training, industrial and technical services.

The aim was to expand the capacity of Steel Riders Kft. at the Verpelét site. As a result, the range of products manufactured there has widened.

The project aimed to improve performance and meet further customer demand. It increases revenue and the customer base, secures existing jobs and may lead to further hiring.

Steel Riders Kft. is a dynamically growing company with a stable financial background. A capacity expansion became necessary at our Verpelét head office so that we can meet our partners’ growing needs, including larger components. Under the Economic Development and Innovation Operational Programme we carried out equipment purchases and an infrastructure investment.

The market demands ever higher quality and broader services. The investment developed the production hall so it fully serves our manufacturing; with the added capacity we can offer a higher level of service to current and future partners.

A CNC lathe was purchased that enables us to make larger parts and to produce orders in-house without subcontracting. We also purchased an imaging profile measuring system that checks products at several stages of production, so defects are corrected immediately and scrap falls by an order of magnitude – itself a gain in capacity.

As a result we can broaden our supplier opportunities and reach new supplier status – for example, fully meeting the requirements of the German company Leuka and becoming a key premium supplier.

Subject

Support for capacity expansion investments of micro, small and medium-sized enterprises

Beneficiary

STEEL RIDERS Kereskedelmi és Szolgáltató Korlátolt Felelősségű Társaság, Kossuth utca 64, 3351 Verpelét

Under the Site Development call of the North Hungary Operational Programme we created a new, fully modern production hall by converting a hall previously used for storage, to meet increased demand.

With the 1,100 m² production hall our production area doubled; part of the existing machine park was moved in so production could start quickly. Production capacity expanded significantly.

The total cost was HUF 44,930,580, towards which we received a non-refundable EU grant of HUF 22,259,459.

Growing production made a business process management system essential. Our previous IT system could not handle higher customer expectations, products, orders, invoicing or internal production processes.

The solution was a comprehensive SAP ERP system: internal efficiency improved significantly and production and other processes were automated. Sales and complaint handling became more efficient, and purchasing and logistics staff are better supported.

The total cost was HUF 8,688,000, towards which we received a non-refundable grant of HUF 4,344,000.