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Amidonn plans €100 mln agro-business complex in Miskolc

Amidonn Kft, the Hungarian unit of Italy's Catelli Holding, plans to build a €100 million agro-business complex in the city of Miskolc, northeast Hungary, it announced together with the local council's property management MIK Zrt, business daily Napi Gazdaság reported on Tuesday.

Financing for the project has not been decided on yet. The complex will include an apple gelatin plant, expected to employ 280 people, a plant which makes non-active ingredients for the pharmaceutical industry, expected to employ 450 people, a bioethanol plant and a biofuel power plant that will create 400 jobs, and a logistics base that will employ 800 people. Including subcontractors and suppliers, the complex will provide work for about 3,000 people, Róbert Nagy, one of Amidonn's owners, told the paper.
The apple gelatin plant, to cost €11 million, will start operating with a year, as will the logistics base. The drug base materials plant will be completed within two years, and the bioethanol plant and biofuel power plant are expected to start operating in three years.