The Master Good Group started developing the technology and production line more than 10 years ago, which has enabled it to produce organ grindings. Construction of the new plant will start this year, so that by 2026 BioFer's products will be manufactured in a factory with an expanded capacity. The tripling of the current capacity […]
Japanese instant noodle giant Nissin Foods is expanding its operations in Kecskemét with a new production facility, the Hungarian Investment Promotion Agency reports. The Tokyo-based company, manufacturing products of iconic brands, such as Smack and Soba, is investing approximately EUR 100 million to establish its second factory in Hungary. The development will take place on […]
The Board of Directors of the Zwack Unicum Plc. has approved the Management’s report about the results of the Company in the first three quarters of the 2024–2025 business year, the company has announced on the website of the Budapest Stock Exchange. As the Management Report highlights, total gross sales of the company were HUF […]
Nestlé's factory in Szerencs, NE Hungary will be expanded with a new solar park with an annual capacity of 1.5 gigawatts with an investment of more than HUF 700 million with 45% support by the National Investment Promotion Agency (HIPA), the company told MTI on Friday. The system will come on stream in March next […]
A new production line, which cost over HUF 1 billion, has been added at the Hungarian muesli production firm Cerbona, which now has four production lines, while the investment will double the company's production capacity for muesli bars. CEO Tamás Mészáros has said at a press conference that the investment was financed from own resources […]
Félegyházi Bakery, a 100% Hungarian-owned, two-generation family business, has been implementing a HUF 10 billion greenfield investment since the end of last year, Zoltán Magyar, the bakery's chief operating officer, said in a podcast interview. Hungarian bakery products are of high quality, but Hungary still imports more of them than it sells on foreign markets. […]
Sixty Hungarian companies are represented at ANUGA, one of the world's largest food industry exhibitions, in Cologne, Germany until October 11, 2023, the Agricultural Marketing Center (AMC) told MTI. According to the information, 27 Hungarian exhibitors resent themselves at the 250 square meter stand of the AMC, while 33 Hungarian companies are present independently. The […]
The food industry company Pick Szeged Plc. closed the first six months of 2023 with a profit after tax of HUF 4.932 billion, compared to HUF 4.846 billion in the same period of the previous year, the company said in its half-year report published on the website of the Budapest Stock Exchange (BSE). In the […]
The Swiss multinational food and drink processing conglomerate corporation Nestlé has been present in the world for more than 150 years – and for more than three decades in Hungary. The secret of continuous development at Nestlé is that innovative, forward-looking food developments have been constant features throughout the company's history. The company was founded […]
The vegetable processing firm Eisberg Hungary, located in Gyál, just southeast of Budapest, is renowned for great working culture, inclusion and innovation. The company, part of the Swiss Bell Food Group, has been maintaining its market leader position for over three decades. The challenges brought on by the new coronavirus epidemic and the Russian invasion […]
In 2020, Master Good, Hungary's largest poultry processor, acquired Sága, Hungary's leading poultry meat products company, the owner of brands such as Selyemsonka, Dino and Füstli, which celebrated its 25th anniversary this year. The last three years have been a period of technological investment, and now, Master Good says, it is time to put the […]
The new high-performance PET bottling production line of Szentkirályi Magyarország Ltd. has inaugurated this week. The HUF 2.8 billion investment was built in the first phase of the company's five-year development program. One of the key objectives of Szentkirályi Magyarország Ltd.'s HUF 10 billion development program, launched in 2022, is the transition to a circular […]
Gyermelyi Plc. has inaugurated an egg production unit in Máriahalom, some 20 kms west of Budapest, with an investment of HUF 1.4 billion, making it the largest egg production plant in the country. The managing director of the egg production firm Gyermelyi Tojás Ltd., Csaba Réthy, stressed that the site in Máriahalom had previously had […]
Family-owned Civita Group Plc. has inaugurated a plant for the production of gluten-free pasta, edible plates and cups, owned by its subsidiary, Agri-Corn Ltd., in Monostorpályi, NE Hungary. The company is one of Europe's largest manufacturers of maize products, processing 40,000 tons of GMO-free maize per year and providing 200 families with stable employment for […]
With an investment of HUF 20 billion, Lipóti Tóth & Társai Ltd. has built Hungary's largest bread, pastry and confectionery production plant in Hatvan, east of Budapest. The development will create 260 new jobs. The Hungarian-owned family business, which employs 70 subcontractors and has around 350 outlets, is the only bakery company to sell its […]
