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.
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