Ghraoui Chocolate To Start Building HUF 7.6 BN Plant In Hungary In October
- 8 Aug 2017 8:56 AM
Construction work to build a 7.6 billion forint (EUR 24.91m) chocolate factory in Hatvan, in northern Hungary, will start in October, Rania Ghraoui, communication director of Syrian-owned premium chocolate maker Ghraoui Csokoládé Manufaktúra, told business daily Világgazdaság.
The plant is scheduled to start production one year later. Once fully operational, annual output will reach 1,000 tonnes and 95% of the products will be exported abroad.
The 12,000 sqm plant will provide jobs to 540 people, but Rania Ghraoui said they hope to double this headcount in 5-6 years.
The government is providing 1.5 billion forints in funding for the investment project.
Republished with permission of Hungary Matters, MTI’s daily newsletter.
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