Sole-Mizo winds up HUF 1.8 bln development project

Telco

Hungarian dairy company Sole-Mizo, which is a unit of agribusiness Bonafarm, wound up a HUF 1.8 bln project aimed to improve its cottage cheese (Hungarian túró) and whey production, COO for CEE operations István Herczeg said today, according to Hungarian news agency MTI.

The development project was supported with a total of HUF 845 mln from a European Union grant and Hungarian state funding, MTI said. Sole-Mizo had revenue of HUF 60 bln last year, MTI said, adding that it employs a staff of about 1,000.

ADVERTISEMENT

Growth plans and inflation uncertainty in European companies Analysis

Growth plans and inflation uncertainty in European companies

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

MNB and Budapest Institute of Banking executive director Ger... Podcasts

MNB and Budapest Institute of Banking executive director Ger...

FINA head thanks Hungary for hosting 2022 worlds City

FINA head thanks Hungary for hosting 2022 worlds

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.