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Aug 25, 2017

Central Europe's largest tomato processing plant opens in Hungary

Mihály Varga, minister for National Economy, said that the plant will create new jobs. The government also contributed to the 4.3 billion HUF investment with 2.1 billion HUF

Central Europe's largest tomato processing plant has opened in Hungary thanks to a financial boost from the government.

Hungary's economy minister was present at the inauguration of Univer product Zrt’s new plant in Kecskemét earlier this week.

Mihály Varga, minister for National Economy, said that the plant will create new jobs. The government also contributed to the 4.3 billion HUF investment with 2.1 billion HUF (7 million EUR ).

Univer Product Zrt. uses only Hungarian ingredients to make its products, therefore providing a dependable living for hundreds of Hungarian primary agricultural producers.

“The company pays particular attention to its suppliers and facilitates production with amongst others professional advice and technology, and accordingly it is no surprise that some families have been supplying Univer for three generations”, Minister Varga said.

The minister added that Hungary's flagship industries also include the food industry, and accordingly "it is particularly important to increase performance within this field”.

“The Hungarian economy is on a growth trajectory, and the government’s goal is for everyone to directly experience this growth; for people and families to have wider opportunities and to be able to plan for the future with increasing confidence," the minister said.

"The most important role in the advancement of the Hungarian economy is played by those businesses that have suitable professional expertise and are capable of adapting to market requirements, which they achieve through the continuous development of their products and production methods, " the minister added.

“This is why the government launched the Large Enterprise Investment Programme in 2015, which has so far facilitated the realisation of 70 billion HUF (231 million EUR) worth of capacity-expanding investments on the part of 49 enterprises, and contributed to the creation of a total of almost 1650 new workplaces, " he said.