Mondelez inaugurates capacity expansion

Deals

American snack maker Mondelez International inaugurated a HUF 4.5 bln capacity expansion at its biscuits plant in Székesfehérvár, northwest Hungary, today.

Mondelez International already invested about 50 mln (HUF 11 bln) in Székesfehérvár over the past three years in the development of the Székesfehérvár chocolate plant of one of its group members, Győri Keksz.

Three new production lines have reportedly been installed, in order to produce Milka and Cadbury choco-bakery sandwiches exclusively in this plant, mostly for export but more recently for the Hungarian market as well. The investment financed fully by company funds created more than 350 new jobs in the region.

Hungary’s  National Economy Minister Mihály Varga spoke at the opening ceremony.

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