Univer Product winds up HUF 620 mln biomass furnace

Telco

Hungarian condiments producer Univer Product installed a HUF 620 mln biomass furnace at its plant in Kecskemét, central Hungary, the company said yesterday. The investment was supported with a HUF 307 mln European Union and state grant. 

The wood chip-fuelled furnace is expected to cut Univerʼs annual CO2 emissions by 3,000 tons. Univer had after-tax profit of HUF 804 mln on revenue of HUF 17.7 bln last year, public records show. Univer sells 85% of its products in Hungary.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.