Frozen meat producer Matusz-Vad launches Romanian subsidiary

Győr-based frozen meat company Matusz-Vad Kft has set up a subsidiary in Romania with a Nagyvárad-based office as part of its new regional expansion program. Matusz-Vad had revenue of HUF 5.4 billion last year.

The company is already selling frozen meat products in Slovakia and Austria under franchise. Horeca-Expres s.r.o., the company's Slovak franchise partner, had monthly sales of €150,000-180,000 in the third quarter this year, up 40% from the same period in 2009 – mfor.hu announced.