Sugo Food to Invest HuF 5.4 BN at Southern Hungary Base

Economy Gastro

Belgian vegetable processing company Sugo Food is investing 5.4 billion forints (EUR 15.0m) at its base in Baja, in southern Hungary, Péter Szijjártó, the foreign affairs and trade minister, said.

The first phase of the investment will see the construction of a tortilla chips plant, Szijjártó said, adding that the government is supporting the project with a 1.7 billion forint grant. Szijjártó praised Hungary’s food industry, saying the sector had held its own during the coronavirus pandemic. Hungary faced no food supply shortages and the sector even increased its output by 8% during the first ten months of 2020, the minister said. Food industry companies employ some 147,000 people in Hungary, he added.

 

hungarymatters.hu

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