Production at the new plant built on 12,000 square metres at a cost of 7.6 billion forints (EUR 24.3m) is expected to start in November next year, Péter Szijjártó said.

He added that 95 percent of the products will be exported. Szijjártó said that Ghraoui Chocolate represents a prestigious brand in the confectionery industry; it was originally set up in 1805 as a family business in Syria and has since grown to become one of world’s best chocolate makers, with clients including some of the world’s top hotels and “five-star airlines”.

The project is also important for the government’s “opening to the east” economic policy, Szijjarto added.

Republished with permission of Hungary Matters, MTI’s daily newsletter.

MTI photo: Illyés Tibor