Magyar Cukor Zrt. will spend 7 billion HUF on development

Magyar Cukor Zrt. will spend 7 billion HUF on development in the forthcoming years – said Hájos László, the company's Deputy CEO in Tihany, on Friday.

Hájos László told that the refinery in the sugar beet factory in Kaposvár will be built from about one billion HUF. The sugar factory along with this will spend seven billion HUF on development in the forthcoming years. The company's biogas program is also underway totaling nearly two billion HUF. It is scheduled that for 2013, the production of sugar will be fully covered by their own biogas – said the Deputy Chief Executive Officer – reports hirszerzo.hu.