KOMETA 99 Plc.’s EUR 94.9 million capacity expansion investment kicked off with foundation stone-laying in Kaposvár as a result of which the volume of processed meat can go up by over one-third, whereas the export to sales ratio is also to soar substantially. The project that is set to create 280 jobs will improve production energy efficiency as well. Over one third of the investment costs is borne by Hungarian taxpayers through a government decision.
Italian-owned KOMETA 99 Plc. is one of the largest meat processing firms in Hungary that not only increases its current manufacturing area of 22,000 sqm by additional 50,000 sqm, but it also plans to purchase machinery for meat product manufacturing and meat processing. The works to be completed in four phases will include a new cooling unit and a salami slicer, and new packaging and storage functions will also be added thru 2025.
We are planning to process 35% more meat, while starting dynamic expansion abroad,
KOMETA’s Managing Director Giacomo Pedranzini said referring to the fact that the current annual processed volume of some 71,000 tons should be lifted to close to 93,000 tons, whereas the export to sales ratio, currently at 44%, could climb to 56%.
In the course of the investment environmental aspects come to play as well: the company is eager to purchase a packaging machine that uses reusable plastic, it would cut its CO2-emission per product kilogram by 30% in five years, and it would fully eliminate production waste as such, the Hungarian Investment Promotion Agency reports.
Leave a Reply Cancel reply
Ad
Top 5 Articles
- Gedeon Richter to Sell Chinese Biosimilar Product in Europe October 9, 2024
- Cherishing a Long-Standing Friendship July 2, 2024
- 2024 Sustainable Future Awards Presented October 10, 2024
- Measurable Results for Inclusion June 19, 2024
- "Ziza, the First Year of a Poodle Puppy" July 25, 2024
No comment yet. Be the first!