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EU fund hatches HUF 260 mln chicken farm

Her-csi-hús and Fama Farm on Tuesday inaugurated a HUF 260 million chicken farm, built with a HUF 100 million European Union grant, in Szabadegyháza-Középpuszta, near the capital.

The farm will raise 720,000 broilers a year.

Her-csi-hús processes 11 million chickens a year generating revenue of HUF 10 billion. The company is 72% family-owned, while 28% is held by employees.