Another meat company had caught up by the crisis

The representatives of the local government of Gyula wrote a letter to all the competent
Ministries in order to save the Gyulai Húskombinát Ltd.

The producing plant produces the ‘Gyulai sausage’ has 460 employees. Many of the main raw material is imported from foreign markets and accounts in euros. Thus, the costs of the company increased by at least 35 percent. Last year the Meat Factory has achieved a turnover of 8.5 billion forints. The City Council is currently unable to provide concrete and practical assistance to company afflicted by liquidity crisis. According to the CEO of the company the solution would be to get state-guaranteed loans.