Huge State-of-the-Art Pig Farm to be Built in Hungary

Hungary's leading feed producer and one of the largest feed material traders is also making significant investments in the field of livestock breeding, having acquired this summer a stake in Mangal Ilona Sertéshizlalda Ltd. By 2026, they will build one of the most modern and sustainable pig farms in Europe.

One of UBM's big announcements this year, the acquisition of a 24.9% stake in the Mangal Ilona Sertéshizlalda Kft., a pig farm company founded by András Moldován, marks the company's entry into the livestock breeding sector. For years, it has been in the news that the costs of pig farmers have risen dramatically, while purchase prices have not increased, and recently, it could also be read that Hungarian producers and distributors are facing difficulties due to the appearance of cheap German meat products on the shelves of Hungarian shops. The financial news site portfolio.hu asked Péter Horváth, the CEO of the UBM Group, why is it worth entering this area in these market conditions.

“According to industry forecasts, global consumption of poultry and pork will grow by around 10% in the next few years, and the center of gravity of livestock farming will gradually shift from Western to Central and Eastern Europe. And UBM intends to play a leading role in this trend by investing heavily in livestock farming: for example, by 2026, we will have built one of the most modern and sustainable pig farms in Europe. We also want to take advantage of the market benefits of economies of scale – we aim to produce 350-500,000 fattening pigs per year," the CEO highlighted.