Konyári invests Ft 520 mln in processing plant
Thursday, October 6, 2005, 10:52
The Konyári Winery of Balatonlelle, western Hungary, is investing Ft 520 million to set up a new processing and bottling plant, which will turn out 6,000 hectoliters of must and 600,000 bottles of wine annually, business daily Napi Gazdaság reported. The plant is expected to turn a profit in eight to ten years. The Agricultural and Rural Development Orientation Program will fund nearly half the costs of the project. The company put up a new grape processing plant last year for Ft 370 million with a capacity of 3,000 hectoliters.