Syrian-owned Ghraoui Chocolate to start building 24.91 million euros Hungary plant

Construction work to build a 7.6 billion forint (EUR 24.91m) chocolate factory in Hatvan, in northern Hungary, will start in October, Rania Ghraoui, communication director of Syrian-owned premium chocolate maker Ghraoui Csokoládé Manufaktura told Monday’s issue of business daily Világgazdaság.

The plant is scheduled to start production one year later. Once fully operational, annual output will reach 1,000 tonnes and 95 percent of the products will be exported abroad.

Until then, the company’s future shops will be supplied from Csepel Island, in the south of Budapest, where production has already started at a temporary facility and the headcount should reach 100 by the end of September, she said.

In Hatvan, the 12,000 sqm plant will provide jobs to 540 people, but Rania Ghraoui said they hope to double this headcount in 5-6 years.

The government is providing 1.5 billion forints in funding for the investment project.

As we wrote before, Syrian businessman Bassam Ghraoui came to Hungary because of the war in his home country, and here, as a Syrian-Hungarian citizen, he would like to build a chocolate factory – interview.

Photo: Ghraoui Chocolate

Source: MTI/Világgazdaság