ADVERTISEMENT

Balaton Agrár awarded HUF 464 mln grant for grape processing plant

Crops

Agribusiness Balaton Agrár was awarded a HUF 464 million grant for a HUF 1 billion grape processing plant it is building in Ordacsehi, near Lake Balaton, on Friday, according to a report by state news wire MTI.

Agriculture Ministry state secretary Zsolt Feldman said the plant could boost the incomes of vintners who work the close to 3,500 hectares of the Balatonboglár wine region.

Construction of the plant will start in March and finish within two years, Balaton Agrar CEO József Tavaszi said.

He noted that the company has its own 200-hectare vineyard.

ADVERTISEMENT

Business chamber's biannual business confidence index falls Analysis

Business chamber's biannual business confidence index falls

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Hungary Grande Partenza 'exceeded all expectations' - gov't ... City

Hungary Grande Partenza 'exceeded all expectations' - gov't ...

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.