Nestlé Hungária: 25th anniversary

Nestlé Hungária organized a conference in Budapest at the 25th anniversary of its establishment and the 150th anniversary of the founding of Nestlé. Nestlé’s investments in Hungary total more than HUF 100 billion (EUR 330 mn).

“Hungarian-Swiss relations are mutually beneficial; there are more than 300 Swiss companies operating in Hungary that provide employment to 40,000 people”, the Ministry of Foreign Affairs and Trade’s Parliamentary State Secretary László Szabó said on Wednesday in Budapest at a conference organized by Swiss food industry giant Nestlé.

The Food4Talk conference coincided with the 150th anniversary of the founding of Nestlé and the 25th anniversary of Nestlé Hungária Limited. The Deputy Minister told those present: Hungarian-Swiss relations are developing dynamically; foreign trade flow between the two countries increased by 10% last year.

The Managing Director of Nestlé Hungary Jean Grunenwald told the conference’s participants that Nestlé’s investments in Hungary total more than HUF 100 billion (EUR 330 mn). The company plays a determining role within the Hungarian food processing industry and provides employment for 2,400 people at its plants in Bük, Szerencs and Diósgyõr, and its unit in Budapest. The company also actively cooperates with Hungarian suppliers that produce quality ingredients, he added.