Péter Szijjártó, Minister of Foreign Affairs and Trade, has inaugurated food company Kométa’s by-product processing plant in Kaposvár, southern Hungary.
According to MTI, the government has supported the HUF 1.4 billion (EUR 3.9m) investment with a HUF 664 million government grant. The new plant, the first such establishment in Hungary, will be able to process 15,000 tons of by-products annually. He added that some 8,000 tons will come from Kométa’s own plants.
“The company has secured 870 jobs with the investment while reducing its environmental footprint and producing important ingredients for animal feeds and the chemical and pharmaceutical industries,” the minister said.