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Ökotej to build Ft 1 bln dairy plant in Komádi

Ökotej Zrt will build a dairy plant in Komádi, east Hungary for nearly Ft 1 billion, the company announced on Wednesday.

Ökotej will partly finance the project, to be finished by June, by loans from the Hungarian Development Bank Rt (MFB). The plant, which will process 30,000 liters of milk a day, will produce mostly for export and is expected to generate revenue of Ft 4 billion annually.
Ökotej was set up jointly by Agrometál Kft, Biopalmitin Kft and Pharmafood Kft in 2004.