Vestfrost to spend EUR 13.6m on expansion in Southeast Hungary
Budapest, 2018. december 3. Gattyán László vezérigazgató a Vestfrost Zrt. beruházásáról tartott sajtótájékoztatón a Külgazdasági és Külügyminisztériumban 2018. december 3-án. A dán vállalat Csongrádon 4,4 milliárd forint beruházással bõvíti hûtõgépgyártó és raktározási kapacitását, amelyhez a magyar állam 1 milliárd 50 millió kormányzati támogatás ad, a beruházással 93 új munkahely jön létre. MTI/Szigetváry Zsolt
Danish refrigerator manufacturer Vestfrost is investing 4.4 billion forints (EUR 13.6m) to expand its production and storage capacity in Csongrád, southeast Hungary, Foreign Minister Péter Szijjártó told a press conference on Monday in Budapest.
The investment, which is supported with a 1.05 billion forint government grant, will create 93 jobs, he said.
Vestfrost exports 98 percent of its products, which makes it a significant factor in Hungary’s economic performance, he said.
Szijjártó praised Danish-Hungarian economic relations, saying that 150 Danish companies have invested over 230 billion forints in the country and employ over 15,000 people.
Trade between the two countries grew by 13 percent in 2017, he noted, with the volume over 1.3 billion euros.
Modern technologies brought by those companies help Hungary to transition to a new economic era, Szijjártó said.
Featured image: MTI
Source: MTI
please make a donation here
Hot news
EPP leader Manfred Weber protecting Orbán-challenger Péter Magyar?
Want to give your workplace a trendy feel? Here’s what you need to do!
Top Hungary news: alcohol ban, collapsed footballer, snow, most expensive hamburger, emergency landing – 17 November, 2024
Will Roman Catholic priests be obliged to report suspected pedophile crimes in Hungary?
PM Orbán’s biggest opponent revealed why food prices are high in Hungary
Wizz Air flight’s emergency landing in Budapest; Hungarian guest workers’ horrific accident
