Univer Product winds up HUF 620 mln biomass furnace

Telco

Hungarian condiments producer Univer Product installed a HUF 620 mln biomass furnace at its plant in Kecskemét, central Hungary, the company said yesterday. The investment was supported with a HUF 307 mln European Union and state grant. 

The wood chip-fuelled furnace is expected to cut Univerʼs annual CO2 emissions by 3,000 tons. Univer had after-tax profit of HUF 804 mln on revenue of HUF 17.7 bln last year, public records show. Univer sells 85% of its products in Hungary.

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