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Zsindelyes inaugurates HUF 230 mln expansion

Zsindelyes Pálinkafőzde, a distiller of pálinka, a Hungarian fruit brandy, inaugurated a HUF 230 million, EU-supported expansion at its base in Érpatak. EU funding covered HUF 113 million of the cost of the investment, Zsindelyes Pálinkafőzde owner and managing director József Papp said.

The investments will double output to an annual 150,000 hectoliters of 100%-alcohol equivalent, he added.

The EU funding for the project was part of a combined HUF 4.2 billion in grant money awarded to 46 pálinka distillers for improvements, Agriculture Minister József Gráf said at the inauguration.

Zsindelyes Pálinkafőzde had revenue of HUF 2.47 billion in 2008. Pálinka is Hungary's national spirit. Since June 1, 2002, only spirits distilled with 100% Hungarian fruit may bear the name “pálinka.” (MTI – Econews)