Gyermelyi opens HUF 1.6 bln center for crop cultivation
Hungarian pasta company Gyermelyi opened a new crop cultivation center in Szomor today with an investment of HUF 1.6 billion, Hungarian News Agency MTI reported.
The new center combined three existing Gyermelyi cultivation halls within a larger, 8,800 hectare farming facility, CEO Bela Toth told MTI. The company has also added a new crop dryer capable of processing 25 tons an hour, as well as a 6,600-ton granary, he continued.
Gyermelyi expects to sell 33,000 tons of pasta this year, as well as produce 140 million eggs. The company produces an estimated 140,000 tons of grain per year.
Gyermelyi has been involved in a number of large development projects in the last five years, valued at over HUF 12 bln, MTI reported. The company built a HUF 1 bln grain clearing and storage facility in March of 2014.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.