The local government of Pápa helps the Pápai Hús 1913 Kft. through its own company

By: trademagazin Date: 2013. 02. 08. 11:10

As the local government cannot directly give loan to the company, as a shareholder it can give a support of 650 million HUF through its own company to the Pápai Hús 1913 Kft. – Áldozó Tamás the mayor of the city informed MTI on Friday.

Áldozó Tamás (Fidesz) after the assembly meeting on Friday said that the government will provide 650 million HUF shareholder loan to the Pápai Hús 1913 Kft. The local government will spend the amount to buy pigs, raw meat, shoulder and bacon. These materials will be given to the Pápai Hús 1913 Kft. for procession. The local government will retain ownership on the products. (MTI)

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