Somlo Spirit is building a HUF 800m distillery of “palinka”, the Hungarian eau de vie, in Somlovasarhely (NW Hungary), managing director Peter Feher told MTI.
Mr Feher said the company won a HUF 338m grant from the Agriculture and Rural Development Office for the investment. He added that the distillery would have capacity for more than 350 tonnes of fruit a year.
Somlo spirit plans to inaugurate the distillery in May of this year but it will not start operating until 2013.
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.
