At the announcement of an investment project by BioTech USA, Péter Szijjártó, Minister of Foreign Affairs and Trade, said the coming decade is expected to bring further crises, as did the past 12 years, and the government is ready to protect Hungary’s interests and economic achievements as it has done before. The company, which manufactures dietary supplements, has announced a capacity expansion worth HUF 11.5 billion million (EUR 30.1m), supported by a HUF 2.7 billion government grant. The upgrade of BioTech’s plants in Dunakeszi and Szada, on the outskirts of Budapest, will create 100 jobs. Minister Szijjártó noted that the exports of protein products had jumped by 75 percent since last year.
Photo credit: MTI