French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary

  • 11 Sep 2023 5:03 AM
  • Hungary Matters
French Pharma Firm Inaugurates HUF 8 Billion Expansion in Hungary
French pharmaceutical company Sanofi inaugurated an 8 billion forint (EUR 20.7m) expansion at its base in Miskolc, in north-eastern Hungary.

The government supported the investment, which boosted syringe capacity by around 50%, with 1.5 billion forints. Péter Szijjártó, the minister of foreign affairs and trade, said the new capacity would make the base a leader in production of blood thinner injections in Europe.

Exports of Sanofi’s local unit stand over 140 billion forints, making it the 22nd biggest exporter in the country, he added.

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