Tag "beruházás"
Unilever to invest EUR 75m in Nyírbátor
Unilever is bringing the manufacturing of a new product category and global beauty brands to Hungary: Axe, Rexona and Dove aerosol deodorants will soon be made here. The new factory...
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Posta’s new logistics center will be able to double the current capacity
Magyar Posta has reached another milestone: in order to serve its customers more efficiently and modernly, it is building a high-capacity, automated logistics center in Budapest. Magyar Posta’s medium-term goal...
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UK convenience sector investment reaches £1bn for first time
Investment in local UK shops hit record highs over the last year as convenience store retailers look to futureproof their businesses. Over the past year, convenience retailers spent a combined...
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DS Smith invests more than EUR 50m in Portugal
DS Smith has invested more than EUR 50m in its Portuguese facilities over the past three years to promote innovation, sustainability and the circular economy, with a special focus on...
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The call for tenders to support plantations has opened
Applications for support can now be submitted for the “Horticulture – support for planting plantations and medicinal plant cultivation” announced by the Ministry of Agriculture with a budget of HUF...
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The construction of Lidl Hungary’s largest logistics center to date has begun
The construction of Lidl Hungary’s fifth logistics center, the largest in our country so far, has begun in Kiskunfélegyháza. The investment with a floor area of more than 83,000 m2...
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The new production plant of Sipospack Kft. was ceremoniously handed over
Sipospack Kft. is one of the most significant packaging technology companies in Hungary. Thanks to the investment, the company has doubled the current size of the production hall, and thanks...
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K&H: Investments by large companies may increase in the second half of the year
Sorry, this entry is only available in HU....
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RaktárAD’s industrial condominiums in Alsónémed will soon be home to 25 SMEs
In 2024, RaktárAD, which has a Belgian-Hungarian ownership background, will start the construction of a logistics property with a floor area of more than 15,000 m2 in Alsónémedi, Vecsés and...
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Arla invests in milk-drinks production
Arla Foods is looking to support the growth of its Starbucks and Cocio milk drinks with a round of capital investment in Denmark. The dairy major is spending DKr20m ($2.9m)...
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Aldi Ireland And Dawn Meats Enter €125m Contract
Aldi Ireland announced last week a new €125 million contract with supplier Dawn Meats, worth €25 million annually over the next five years. As a result of this contract, Dawn...
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Valio planning to invest €60m in Finland cheese facility
Valio said, the investment is intended to replace the current manufacturing apparatus, which has reached the end of its technical service life. Finnish food major Valio has announced plans to...
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Haribo To Invest €300m In New Confectionery Factory In Germany
Haribo plans to invest €300 million in a new, state-of-the-art, and sustainable confectionery factory in Neuss, Germany. For the project, Haribo plans to acquire a 14-hectare site on the industrial...
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PepsiCo invests 200 million euro in Belgian plant
PepsiCo has announced significant investments in increasing its production at its Belgian plant in Veurne (near Bruges). The investment of more than 200 million euros should also make the plant more...
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Nestlé ploughs investment into Mexico in latest pet-food capex project
The Purina pet-food facility in Silao is earmarked for SFr200m ($220.9m). Nestlé is adding production lines for Purina pet food in Mexico in the CPG giant’s latest investment in the...
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McCain to invest in potato production in France
McCain said it aims to step up its investment and presence in France with the project and “anticipate the future needs of the French market”. McCain Foods, the Canada-based frozen...
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Arla pledges £300m to bolster UK dairy industry
Arla Foods has pledged it will invest £300m across five UK dairy production sites in a move set to boost the UK’s dairy industry. The dairy giant revealed that it...
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GKI is more pessimistic than the government about growth, inflation and public finances
GKI hasn’t changed its 2-2.5% growth forecast for 2024. However, it has lowered its inflation forecast to 5.5%. This article is available for reading in Trade magazin 2024/5 The expected...
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A priority goal is to strengthen the competitiveness of Hungarian agriculture
The growing trust between the actors of the banking sector and agriculture, and the performance of agriculture, has resulted in farmers being considered one of the best customer groups for...
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MFB: you can now apply for the interest-free, EU-funded investment loan
From Tuesday, enterprises can apply for the interest-free investment loan from EU sources, up to a maximum value of HUF 100 million – the Hungarian Development Bank (MFB), which runs...
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Burger King is allocating $300 million to modernize its restaurants
Burger King and its parent company, Restaurant Brands International, announced an additional investment of $300 million to continue modernizing its U.S. restaurants. This is part of a broader $2 billion...
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Guest workers may also be needed in fish production due to the lack of domestic labor
Despite the challenges that have been observed in the fishing industry for years, 2024 holds promising opportunities. Favorable feed prices and ideal water levels paint a hopeful outlook for the...
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With BAT’s additional investment of HUF 60 billion, a new production center for smokeless products will be created in Pécs
The investment announced today by the Minister of Foreign Affairs and Trade, Péter Szijjártó, shows BAT’s commitment to reducing the health effects of its business activities by realizing a smoke-free...
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Mercadona Boosts Investment In Portugal
Spanish supermarket chain Mercadona is planning to inject €180 million into its Portuguese subsidiary to fund continued expansion plans in the country throughout 2024. The additional investment will directly support...
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DS Smith invests EUR 13m in its Austrian factories
Packaging company DS Smith is investing EUR 13m in its production facilities in Margarethen am Moos and Kalsdorf bei Graz in Austria. The investment will increase DS Smith’s production capacity...
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Maxima Latvija Invested €11.5m In Store Renovation In 2023
Maxima Latvija invested €11.5 million in reconstructing and renovating its store network in Latvia in 2023. During the year, Maxima Latvija invested more than €5 million in renovating its stores...
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MBH Bank: Almost half of the agricultural enterprises rely on EU grant funds
Hungarian agriculture and the food industry are characterized by an optimistic mood with the launch of the European Union’s Rural Development Program, according to MBH Bank’s public opinion survey examining...
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Arla Foods invests in UK mozzarella production
The dairy cooperative claimed the move is its “largest ever investment into the UK”. Arla Foods is set to invest €210m ($227.6m) in mozzarella cheese production at one of its...
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Interest subsidy programs help thousands of farmers
Interest subsidy programs that provide significant budget resources provide financing available to thousands of farmers, said the Secretary of State for Agriculture and Rural Development of the Ministry of Agriculture...
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Nestlé invests in Spanish condensed milk factory
Nestlé Spain has invested EUR 300,000 to renovate and expand its condensed milk plant in Pontecesures, Galicia. The project included the refurbishment of the production plant and the enlargement of...
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