Hungary to build its very own chocolate factory to help drive the economy and create jobs
Árklub Ltd. will build a chocolate factory in Bátonyterenye, northern Hungary, with a 8.3 billion HUF investment and state funding
Hungary is to build its very own chocolate factory to help boost the economy and create jobs.
Árklub Ltd. will build a chocolate factory in Bátonyterenye, northern Hungary, with a 8.3 billion HUF investment and state funding.
According to Portfolio.hu, the plant will manufacture Vadász (Hunter) products and will start its operation at the end of 2019, with a staff of over 150 people.
Levente Magyar, state secretary at the Ministry of Foreign Affairs and Trade, said the development project constitutes a key phase in the revival of Hungary’s once world-class sector, the food industry, more specifically the confectionery industry.
Csaba Tóth, Sales & Marketing Director of Árklub Ltd., said the company was established in 1994 as a family business and had remained profitable ever since. The firm currently has 67 products on the market under the brand name 'Vadász’.
The plant in Bátonyterenye plant will be the company’s first factory. Manufacturing has so far been outsourced.