Nestlé has announced another Ft55bn ($152.3m) investment for its Purina pet-food factory in Hungary.
In October, the food giant announced that it was investing around Ft90bn to open two new production units at its Bük site, which would increase output by 66% annually from around 150,000 tonnes to 250,000 tonnes.
According to Nestlé’s latest statement, the commissioning of the new factory unit will end a five-year development cycle that began in 2020, bringing the company’s total investment in the Bük factory to Ft300bn.
Construction for the latest extension began last month. According to the plans, the [manufacturing] the lines will be laid in the second half of the year.
Production is expected to start in 2025, said the owner of Maggi sauces and KitKat confectionery.
“The new plant will produce more than 50,000 tons of pet food,” the company said.
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“With today’s announcement, the five-year development phase in the life of the Bük factory will come to an end, during which we will implement a total investment worth Ft300bn, which can be considered the largest investment in the food industry in Hungary,” said Péter Noszek, managing director of Nestlé Hungária.
Noszek said that more than 600 new jobs will be created in Bük when the project is completed.
Nestlé said that “the Bük factory plays a decisive role in the fact that Hungary ranks 13th in the global ranking in terms of exporting pet food,” without mentioning the source of data.
The company employs nearly 2,800 people in Hungary, in three domestic factories and its headquarters in Budapest, and has so far invested more than Ft382bn in the country.
