DEG supports German SME in setting up production in Vietnam
Germany, Oct. 22 -- ImpactConnect financing for INGUN GROUPDEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH is providing a EUR 3 million loan under its ImpactConnect programme to enable INGUN GROUP to set up production in Vietnam. INGUN will lease a factory building in M? Hao and will invest in new machinery, equipment and raw materials. The total investment volume is around EUR 5 million. This will be its first foreign production unit.Testing technology deployed in many business sectorsFounded in 1971, INGUN is a family-run company with over 450 employees that develops and sells testing technology. Since its founding it has become a world market leader for testing and connector equipment, assuring the quality of electrical and...
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