Cornerstone of meat processing plant was laid in Kisvárda

Foreign Minister Péter Szijjártó on Tuesday attended the groundbreaking ceremony of a poultry processing plant of Várda Meat in Kisvárda, in eastern Hungary.

The 3.96 billion forints (EUR 12.1m) investment was supported by a 1.5 billion government grant and will create 50 jobs.

In his speech, Szijjártó called the food industry one of the “vantage points” of Hungarian industry, which grew by 7 percent to 3,235 billion forints in 2018. That makes for 10 percent of all processing industries, he said.

Some 151,000 people work in food processing in Hungary, and poultry exports in 2018 reached 22,000 tons, he said.

A substantial portion of those exports came from the Kisvárda area, he said.

As we wrote 10 days ago, German semiconductor manufacturer Infineon Technologies is investing 32 billion forints (EUR 100m) in its plant in Cegléd, in central Hungary, creating 275 workplaces, Minister of Foreign Affairs and Trade Peter Szijjártó said, details.

Source: MTI