Hungarian rabbit meat processor Tetrabbit has been granted a permit to export to Russia and the Customs Union of Russia, the company told MTI on Tuesday.
Tetrabbit is only the third such company among those in the world’s biggest rabbit farming countries - China, France, Italy, Spain and Hungary - to be granted the permit.
Tetrabbit expects Russian deliveries to generate 20% of export revenue next year. Exports account for 90% of the company’s turnover.
This year, Tetrabbit expects revenue to climb to HUF 4.8bn from HUF 4.5bn in 2010, managing director Zsolt Csuvar told MTI.