“Our flagship industries also include the Hungarian food industry, and accordingly it is particularly important to increase performance within this field”, Minister for National Economy Mihály Varga said at the official inauguration of Univer product Zrt’s new tomato processing plant in Kecskemét.

“The Hungarian economy is on a growth trajectory, and the Government’s goal is for everyone to directly experience this growth; for people and families to have wider opportunities and to be able to plan for the future with increasing confidence”, the Minister stressed.

Mr. Varga also said that the most important role in the advancement of the Hungarian economy is played by those businesses that have suitable professional expertise and are capable of adapting to market requirements, which they achieve through the continuous development of their products and production methods. “This is why the Government launched the Large Enterprise Investment Programme in 2015, which has so far facilitated the realisation of 70 billion forints (EUR 231 million) worth of capacity-expanding investments on the part of 49 enterprises, and contributed to the creation of a total of almost 1650 new workplaces”, he added.

The Minister told the press that Univer Product Zrt. uses only Hungarian ingredients to make its products, many of which are the most sought after in their category, thus providing a dependable living for hundreds of Hungarian primary agricultural producers.

“The company pays particular attention to its suppliers and facilitates production with amongst others professional advice and technology, and accordingly it is no surprise that some families have been supplying Univer for three generations”, Mr. Varga added.

Thanks to the new project, the company will be able to produce its outstanding quality tomato purees, which are competitive on both export and domestic markets, at double capacity, in addition to creating new jobs. The Government contributed to the 4.3 billion forint investment with 2.1 billion forints (EUR 7 million).

(Ministry for National Economy)