Tutti Food Ltd. has invested about HUF 1.3 billion to increase capacity and material safety, the company based in Rábapatona, NW Hungary has informed the state news agency MTI.
The company received HUF 468.07 million in non-refundable EU funding for the development, with the remainder being supplemented by self-financing and loans.
The investment increased the warehouse area by 53% to 4,000 square meters and the production area by 27% to 2,800 square meters, thus increasing the factory's capacity by almost 30%.
To improve food safety, material flow processes have been simplified, metal detection has been modernized with new equipment, and the possibility of cross-contamination of manufactured powders has been reduced by installing a new central dust extraction system.
The new warehouse was built using modern insulation and building services solutions to create a low-energy building.
Tutti Food Ltd. has also increased its workforce with the development: while in 2019, before the investment, it employed an average of 109 people, it now employs 131.
The company produces around 2,000 products in Rábapatona, near Győr, mainly instant cocoa drink powders, ice cream powders, cocoa powders, coffee drink powders, coffee specialties, vitamin and mineral enriched drink powders, protein drink powders, dietary supplements, capsules and tablets.
The company's turnover last year was HUF 5.6 billion, of which HUF 1.8 billion came from exports. According to public company information, its turnover increased by nearly HUF 1 billion last year compared to 2020. Net profit after tax was HUF 623 million in 2020.


Leave a Reply Cancel reply
Top 5 Articles
Sharing Business Experience December 10, 2022
Hungarian Inflation Rate - the Highest in Europe December 16, 2022
Another Korean Battery Supplier Appears in Hungary November 17, 2022
In Strategic Partnership with the Client January 2, 2023
Mobility is Electric for ŠKODA December 6, 2022
No comment yet. Be the first!