New Cheese Factory Completed in Szekszárd

The Hungarian government has paid 40% of the construction costs of a new HUF five billion cheese factory complex in Szekszárd, Southern Hungary.

Tolnatej's new plant will have the capacity to produce 19,000 tons of cheese a year, and the development will secure the company's operations and jobs for the coming period, the Finance Ministry said in a statement.

Speaking at the plant's inauguration, Finance Minister Mihály Varga said Hungarian food businesses had increased their investments despite the war crisis, spending more than HUF 170 billion forints on development in the first half of the year.

The share of domestic food products in retail trade now exceeds 70%. The government's goal is self-sufficiency in basic foodstuffs and to achieve at least 80% of all food products to be Hungarian.