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Zsindelyes pálinka gets EU-support for investment

Zsindelyes pálinkafőzde, a distiller of a special Hungarian fruit brandy, has started a HUF 229 million investment at its base in Érpatak (NE Hungary) supported with EU funding, owner and managing director József Papp told MTI.

The EU funding for the project was part of a combined HUF 3.2 billionn in grant money awarded to 43 pálinka distillers for technological improvements. The monies will support a combined HUF 6.4 billion of investments.

Zsindelyes will build a new distillery and a 540-square-meter warehouse for finished product, it will renovate its 100,000-liter aging building, and it will install an automated bottling line that can turn out 24,000 bottles in eight hours, Papp said. The investments will boost output from 75,000 hectoliters in 2008 to 150,000 in 2009, he added.

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)