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Hungary: Investments to increase tomato processing capacity

Kecskemét-based Univer Product Zrt. is investing a total of 4.3 billion forints (about 14.08 million Euro) in the expansion of its processing capacity, with a non-repayable state subsidy of 2.1 billion forints (about 6.87 million Euro). The Hungarian Minister of National Economy Varga Mihály emphasised that this aid to the largest tomato processing plant in Central Europe is being done in the framework of the government's large enterprise investment support program, launched in 2015, which up to now has helped 49 companies to invest more than seventy billion forints in capacity-building and contributed to the creation of 1,650 new jobs.

CEO Károly Molitórisz announced that Univer Product Zrt.'s nearly 4.3 billion forints investment will increase its capacity to 140,000 tonnes, thus doubling its annual processing capacity. This will also lead the company, which sells its products to neighbouring countries, to hire more staff.

For his part, the President of the Hungarian Fruit and Vegetable Interprofessional Organization and Product Board, Mr Ledó Ferenc, reported that, in the field of outdoor cultivation, the acreage devoted to ​​tomatoes for industrial processing has grown considerably. While in 2011, only 15,000 tonnes of industrial tomatoes were purchased by domestic processors, currently 110-120 thousand tonnes are processed each year, while demand for tomato concentrates and ketchups keeps rising worldwide. Almost 15,000 hectares are devoted to the cultivation of tomatoes for processing.


Source: agronaplo.hu

Publication date: 8/30/2017


 


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