Trinium Alfa completes HUF 273 mln craft brewery

Drinks

Hungarian-owned haulage and excavation company Trinium Alfa has added craft brewing to its scope of activities with a HUF 273 million investment, managing director Zoltán Szabó told state news wire MTI.

Trinium Alfa has installed brewing technology at a brownfield site capable of turning out 500,000 liters of craft beer a year, Szabó said.

The investment, which was supported by HUF 135 mln in European Union grant money, is expected to boost the companyʼs net revenue by 25-30% next year, he added.

Trinium Alfa had net revenue of HUF 414 mln in 2019.

ADVERTISEMENT

Hungary GDP up 6.5% y.o.y. in Q2 Analysis

Hungary GDP up 6.5% y.o.y. in Q2

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

Muni Council Organizing Meeting to Improve Air Quality City

Muni Council Organizing Meeting to Improve Air Quality

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.