The company said the investment, which created eight jobs, was supported with a HUF 764 million European Union and state grant.
Gloster installed technology that allows it to preserve fruit and vegetables in jars without artificial additives. It also expanded its production hall.
Gloster turns out almost 20 million jars of fruit and vegetables annually. It had revenues of HUF 2.6 bln last year, public records show, according to MTI.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
