New Meat Plant in Kapuvar

Hungarian meat company, Kapuvari Hus, plans to launch a new meat processing plant in Kapuvar, reports Furazh.

The new company is expected to begin production in the first half of 2009. Kapuvari has invested nearly 500 million forints (HUF; €1.68 million or US$ 2.14 million) in the project. Nearly HUF 175 million will be covered by the state.

During 2009, Kapuvari Hus plans to receive proceeds of around HUF 16 billion forints, compared with HUF 14 billion last year.

Kapuvari Hus was founded in 2003.

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