No buyer for Gyulai Meat Factory yet

Until 15th September no one made a bid for the Gyulai Meat Factory – said Ruck János the CEO Gyulai Meat Factory

The Meat Factory is still waiting for the 80 percent guaranteed, one billion HUF loan of the Hungarian Development Bank Ltd., because the company got into a liquidity crisis due to the price increases of raw materials. Since then, the owners had transferred an approximately 800 million HUF to finance the plant, so for the end of summer, the plant returned to its normal production volume. The Meat Factory however, needs government assistance and all documents has been approved by the owners to get loan – reports Hírszerző.