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Nestlé will further expand its plant in Bük

Minister of Foreign Affairs and Trade Péter Szijjártó has been announcing almost daily new investments in Hungary, despite the ongoing coronavirus.

As a result of the capacity expansions carried out in several stages between 2010 and 2019, Nestlé Hungária has created more than 500 new jobs in Bük, with a total investment of HUF 43 billion. The Bük factory has become one of the largest and most significant pet food factories in Europe. It is now home to a significant number of automated production lines, with nearly 50 robots at its service. 

Meanwhile, 85 percent of the factory’s production is exported. Nestlé Purina has delivered more than HUF 400 billion worth of pet food from Bük to the markets of more than 50 countries around the world in the last 10 years.

Péter Szijjártó emphasized that Nestlé’s new HUF 50 billion development in Bük is the largest investment in the company’s history in Hungary and will increase the production capacity of the plant by 30 percent, creating 160 new jobs.

The significance of the investment is shown by the Hungarian government declaring the development a priority investment for the national economy, he added.

This investment will give another boost to the Hungarian food industry, which was able to significantly increase its production value by 9 percent in the first seven months of the year and will employ 140,000 people, the minister said.

Szijjártó also noted that Nestlé buys the raw materials for its production from more than 1,000 domestic small and medium-sized enterprises.

Following the expansion, the capacity of the Bük plant could exceed 5 million products per day, meaning that more than 70 trucks of pet food will be able to reach almost every country in Europe, North Africa, the Middle and Far East, Australia and New Zealand every day.

Nesté’s investment also strengthens relations between Switzerland and Hungary. To date, Swiss companies have invested more than EUR 2 billion in Hungary, Péter Szijjártó pointed out. 

Source
www.portfolio.hu
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