Heineken Hungária awarded govt grant for HUF 540 mln upgrade
Image by Pixabay
Minister of Foreign Affairs and Trade Péter Szijjártó on Tuesday awarded the local unit of Heineken a HUF 270 million grant to support a HUF 540 mln upgrade at its brewery in Sopron.
Dutch-owned Heineken Hungária committed to preserve 465 workplaces and to buy 85% of its raw materials from local producers, Szijjártó said.
The investment will boost efficiency and expand the brewer's product portfolio, he added.
Heineken Hungária CEO Geert Swaanenburg said the company had not laid off a single worker even though its catering sector orders had dried up because of the pandemic.
Heineken Hungária had revenue of HUF 63.9 billion in 2019, public records show.
ADVERTISEMENT
Szijjártó: Nuclear Energy Key to Achieving Climate Goals
Varga in Talks With Big Firms on Global Min Corporate Tax Ra...
Wizz Air Celebrates 2.5 Millionth Passenger Flying From Debr...
Budapest Ranked 4th Best Autumn Getaway Spot in Europe
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.
