Coca-Cola opens the largest food industry warehouse in Hungary

“Thanks to investments such as the construction of Coca-Cola HBC Hungary Ltd’s new warehouse in Dunaharaszti, Hungarian exports could reach 100 billion euros this year”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Wednesday at a press conference held to mark the new facility’s official inauguration.

“The two billion forint (EUR 6.5 million) project makes Coca-Cola HBC Hungary Ltd’s new warehouse the largest food industry warehouse in Hungary”, the Minister said, adding that “the strength of every national economy is indicated by the level at which global brands such as Coca-Cola are present in the country”.

Hungary achieved a total export value of 92.990 billion euros in 2016, followed by 50.990 billion euros in the first two quarters of this year.

The Minister also said that

luckily several global brands such as Audi, Lego and Coca-Cola are present in the Hungarian economy, and it is thanks to their investments that the Hungarian economy will be capable of achieving 100 billion euros in exports.

For instance, Coca-Cola HBC exports the goods it produces in Hungary to 25 European countries, he added. “The investments realised by Coca-Cola are also proof of the fact that Hungary offers the region’s most attractive investment environment. We can also not ignore the fact that the company acquires two thirds of its raw materials, such as apples and sugar, from Hungarian suppliers, and would like to increase this ratio even further”, Mr. Szijjártó added.