Intersnack International scraps Hungary investment because of 'hamburger tax'

Food

Netherlands-based Intersnack International is scrapping plans to boost production at its Hungarian unit because of the introduction of a tax on food high in sugar, salt, carbohydrates and caffeine from September 1, regional daily Kisalföld said on Wednesday.

Intersnack International will bring popcorn capacity to France and peanut snacks capacity to either Austria or the Czech Republic, the paper said.

György Somogyi, CEO of Intersnack's Hungarian unit Chio Magyarország, told MTI last October that the parent company planned to add capacity to its base in Győr (NW Hungary), turning it into a production centre for all of Central and Eastern Europe.

The extra capacity would have added 30-45 more jobs at the base where about 200 people work at present, Kisalföld said.

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