State Sec: Roche, Nestlé consider further investments in Hungary

Food

wikimedia

Swiss pharmaceutical company Roche and food company Nestlé are considering making further investments in Hungary, Hungarian foreign ministry state secretary László Szabó said after discussions at the two companiesʼ headquarters on Friday.

Roche is looking to add about 100 people to its 500 employees working at its Budapest service centre after having extended the lease of the Budapest office, Szabó said. Roche carries out clinical research in Hungarian hospitals and its trading division will soon introduce three new drugs.

An expansion of Nestléʼs pet food plant at Bük could create more than 100 jobs, Szabó said, adding that Nestlé is in talks with Hungaryʼs state investment agency HIPA on the matter. Nestlé is present at four locations in Hungary and employs about 2,000 people here.

During his visit to Switzerland, Szabó also met his counterpart Gabrielle Ineichen-Fleisch.

Gov't Awards Over HUF 20 bln of Home Solar Panel Subsidies Green Energy

Gov't Awards Over HUF 20 bln of Home Solar Panel Subsidies

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi... HR

Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi...

Silvanus Hotel Under Reconstruction, Will Reopen in Fall Hotels

Silvanus Hotel Under Reconstruction, Will Reopen in Fall

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.