Nestlé starts production at expanded Hungary unit
Nestlé Purina has started production at its newly expanded unit in Bük, where pet food production capacity has been doubled with a HUF 13 billion investment, the company told MTI on Wednesday. Nestlé Hungária managing director Michael Nixon said Nestlé has invested HUF 35 billion over 15 years at the unit, and the number of employees tripled over the past three years. The newly completed investment created 165 jobs, raising headcount to 780. The company exports pet food to Germany, Poland, the Czech Republic, Slovakia, Austria, Russia and Ukraine, in addition to domestic sales.
ADVERTISEMENT
Mapei Targets 6% Higher Revenue This Year
Parliament Negates Mandatory Membership in MOK
Richter Board Proposes HUF 390/Share Dividend
Veronika Spanarova Wins Expat CEO of the Year Award 2023
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.
