Nissin Foods will expand from 4.3 billion HUF in Kecskemét

By: Trademagazin editor Date: 2021. 04. 22. 11:21

Nissin Foods Kft. is making an investment of 4.3 billion HUF in Kecskemét, and the government will provide half a billion forints in cash support to the Japanese-owned food company, Szijjártó Péter announced at a press conference in Budapest on Thursday.

He added that with the investment, the company will increase its instant noodle soup production capacity by 20 percent and its storage capacity by three times.

Szijjártó Péter called it important that the expansion of Nissin Foods will protect 320 Hungarian jobs and create 20 new ones. The development of the company also contributes to the increase of Hungarian exports, as 90 percent of the instant foods produced in Kecskemét are sold on international markets. (MTI)