The investment, which creates 240 jobs, increased annual capacity at the base to 4 bln cans and 6bn cans of soft drink, Minister of Foreign Affairs and Trade Péter Szijjártó said.

Hell Energy will be able to strengthen its market leading positions in Hungary as well as in Romania, Bulgaria, Greece, Cyprus and Croatia and could expand into other export markets thanks to the investment, he said. 

The government provided HUF 900 bln in support to 72 food industry investments over the past ten years, including Hell Energy's projects, the minister said.