The government is supporting the investment, which will create 30 jobs and secure 200 existing workplaces, with HUF 4.8bn, Szijjarto said.

SUGO FOOD will build a new chips plant and boost pepper and broccoli processing capacity, he added.

The base is the second-largest producer of tortilla chips in Europe, with 90pc of feedstock coming from local suppliers, Szijjarto said. Local pepper growers will also benefit from the expansion, he added.

He noted that SUGO FOOD has a close cooperation with the Hungarian University of Agriculture and Life Sciences (MATE) to boost potato yields.

MTI Stock Photo - for illustrative purposes only

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com
 

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