SeaMaster to build new HUF 550 mln production facility
Hungary-based SeaMaster Products Kft, a manufacturer of deep frozen products, has decided to invest HUF 550 million in establishing a new production facility at its base in Debrecen, Hungarian news agency MTI reported today.
Half of the costs of the 2,000 square-meter craft pizza production plant will be funded from European Union and Hungarian government grant money. The plant is expected to create jobs for 18-20 people and would turn out 4 million pizzas annually.
The vast majority, almost 98%, of the produced pizzas are expected to be sold abroad in countries such as Denmark, the Netherlands and the United Kingdom, according to MTI.
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.