The Magyar Szója Nonprofit Kft. has been formed

The Magyar Szója Nonprofit Kft. (Hungarian Soy Non-profit Ltd.) has been formed with a 6.5 million HUF capital and 9 members, in order to increase the ratio of domestic health care food products.

The new organization aims to increase the acreage and processing of the domestically grown soybean – Seiwerth Gábor executive told MTI.

He told that this important source of protein mainly produced for animal feed is cultivated on only 40 thousand hectares currently, though the cultivated area could be up to a multiple of this, due to the favorable ecological conditions.  (MTI)