Support

September 10, 2019 – KORTERMÁL Service and Healthcare Ltd.

INFORMATION

KORTERMÁL Service and Healthcare Ltd. received a non-refundable grant of HUF 59,527,058 under the Economic Development and Innovation Operational Program, announced by the Ministry of Finance on February 12, 2018, titled “Support for building energy developments implemented using renewable energy.”

Project title: “Energy Modernization of Kortermál Ltd.”
Project ID: GINOP-4.1.2-18-2019-00450

  • Eligible project cost: HUF 119,054,116

  • Grant received: HUF 59,527,058

  • Support intensity: 50%

  • Company’s main activity: Hotel services

The aim of the project was to implement additional cost-reducing developments to improve competitiveness.

Energy modernization measures included:

  • Building envelope: Exterior walls were insulated with a 5 cm Austrotherm Graphite 80 system (calculated U-value 0.42 W/m²K). Flat roofs were insulated with 14 cm Austrotherm AT-N100 EPS and waterproof PVC membrane (U-value 0.17 W/m²K). Windows were replaced with modern triple-glazed PVC frames with an average U-value of 0.84 W/m²K.

  • Mechanical systems: Heating is currently provided by 2 wall-mounted condensing boilers with steel panel radiators. Thermostatic radiator valves were installed, and hydraulic balancing was carried out according to plan. Electric heating elements were installed in hot water tanks for future solar panel integration.

  • Solar panels: A 58.85 kWp photovoltaic system was installed on the flat roof, with an estimated annual output of 60,000 kWh, enabling more cost-effective energy production.

The investment was expected to increase revenue, reduce net production costs per unit, and improve market presence both domestically and internationally.

February 19, 2021 – KORTERMÁL Service and Healthcare Ltd.

As a result of the investment, the building’s energy rating improved from FF to BB, enhancing energy efficiency and reducing costs. The modernization ensured compliance with current cost-optimal requirements, including both energy efficiency improvements and renewable energy utilization.

The project involved the energy modernization of the Korona Hotel, Harkány, Bajcsy-Zsilinszky u. 3., parcel 2408, carried out between September 10, 2019, and October 31, 2021.

Key measures included:

  • Replacement of original wooden windows with triple-glazed, warm-edge PVC frames (Aluplast Ideal 4000) with anthracite-colored external and internal finishes.

  • Wall insulation using 5 cm graphite exterior insulation and XPS insulation at the plinth level.

  • Flat and terrace roof insulation with 14 cm BauderPIR MF and waterproofing with PVC and Remmers Multi-Baudicht 2K.

  • Balcony railings upgraded with flat steel railings for safety, 95 cm above walking surfaces.

  • Installation of a 50 kW nominal photovoltaic system to reduce energy costs.

Project costs by category (excluding VAT):

  • Project preparation and design: HUF 1,810,000

  • Window replacement/modernization: HUF 32,390,467

  • Photovoltaic system installation: HUF 16,096,498

  • Building envelope insulation: HUF 55,312,452

  • Heating and hot water system modernization: HUF 9,294,699

  • Technical inspection services: HUF 825,000

  • Technical services: HUF 80,000

  • Engineering expert fees: HUF 275,000

  • Project management consulting: HUF 2,970,000

Physical completion date: October 31, 2021

GINOP-9.1.1-21 – Kortermál Health and Service Ltd.

Interest-free Restart Rapid Loan Program

  • Purpose: To overcome financial difficulties caused by the COVID-19 pandemic shutdown

  • Amount: HUF 10,000,000

  • Project completion date: September 23, 2021 (first loan) and April 3, 2023 (second loan)