Nádudvari Revenue Rises 35% in 2022

Figures

Nádudvari produces some 3,500 tonnes of deep-frozen products a year.

Revenue of food company Nádudvari Élelmiszer, a unit of agribusiness Nagisz, rose 35% to HUF 16.7 bln last year, managing director Ádám Nagy said on Wednesday.

Nádudvari targets revenue of more than HUF 18bn this year and expects annual turnover to exceed HUF 20 bln in a few years, Nagy said.

The company will soon launch fruit yogurt sales in Hungary, competing with foreign peers that control over 80% of the market. The company also wants to strengthen its position on foreign markets with deep-frozen products.

Nádudvari's export revenue rose to EUR 1 million last year from EUR 300,000 in 2021.

The company turns out 30 million liters of milk, 3,500 tonnes of meat products, and 3,500 tonnes of deep-frozen products a year.

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