Péter Szijjártó, the minister of foreign affairs and trade, inaugurated food company Kométa’s by-product processing plant in Kaposvár, southern Hungary.
The government has supported the 1.4 billion forint (EUR 3.9m) investment with a 664 million forint government grant, Szijjártó said. The new plant, the first such establishment in Hungary, will be able to process 15,000 tonnes of by-products annually, Szijjártó said. Some 8,000 tonnes of that will come from Kométa’s own plants, he added. “The company has secured 870 jobs with the investment while reducing its environmental footprint and producing important ingredients for animal feeds and the chemical and pharmaceutical industries,” he said.