Over HUF 20 billion investment in Bük
Nestlé Hungária Kft. is starting a development project of over HUF 20 billion (EUR 65 million) in Bük, which is the largest food processing industry investment in the company's history in Hungary. The development further strengthens the leading role of Nestlé among Hungarian food industry investors.
Since its entry to the Hungarian market, Nestlé has completed investments of nearly HUF 80 billion in total, the majority of which were related to developments in Bük. In 2011 and 2013, the company implemented a capacity increase, modernised the production technology and product portfolio in the Bük petfood factory for a total of HUF 23 billion, an amount now supplemented with the over HUF 20 billion investment.
Extension and new production hall
The extension – necessitated by changing market demands - will include two new production lines with four fillers and an automated multipack packaging unit, which will be fully operational by the end of 2017. In addition to the transformation of the plant that currently produces canned petfood, a 5000 m2 new production hall will be erected with an output capacity of 1.6 million products per day. The investment will directly create 70 new workplaces, increasing the total headcount to nearly 1000, and making the Bük facility the largest and most significant petfood production centres of Nestlé in Europe.
Leader in the region
Nestlé has petfood factories in nine countries in Europe, with only one other production unit in the CEE region besides Hungary, in Poland. 20% of the total 1 million tons of petfood manufactured in Europe is produced in Hungary, requiring a dispatch of 50 trucks from the factory on daily average.
Significant export
A total 90% of the petfood produced in the Bük facilities is provided for export. Once the investment is complete, the United Kingdom will take over from Germany as the primary export destination of Nestlé, with 35% of the products delivered to the UK. Germany, Austria and Switzerland remain to be highly important markets, collectively receiving 40% of the products from Bük, while 10% of future exports will go to Italy.
source: nestle.com
Nestlé Hungária Kft. is starting a development project of over HUF 20 billion (EUR 65 million) in Bük, which is the largest food processing industry investment in the company's history in Hungary. The development further strengthens the leading role of Nestlé among Hungarian food industry investors.
Since its entry to the Hungarian market, Nestlé has completed investments of nearly HUF 80 billion in total, the majority of which were related to developments in Bük. In 2011 and 2013, the company implemented a capacity increase, modernised the production technology and product portfolio in the Bük petfood factory for a total of HUF 23 billion, an amount now supplemented with the over HUF 20 billion investment.
Extension and new production hall
The extension – necessitated by changing market demands - will include two new production lines with four fillers and an automated multipack packaging unit, which will be fully operational by the end of 2017. In addition to the transformation of the plant that currently produces canned petfood, a 5000 m2 new production hall will be erected with an output capacity of 1.6 million products per day. The investment will directly create 70 new workplaces, increasing the total headcount to nearly 1000, and making the Bük facility the largest and most significant petfood production centres of Nestlé in Europe.
Leader in the region
Nestlé has petfood factories in nine countries in Europe, with only one other production unit in the CEE region besides Hungary, in Poland. 20% of the total 1 million tons of petfood manufactured in Europe is produced in Hungary, requiring a dispatch of 50 trucks from the factory on daily average.
Significant export
A total 90% of the petfood produced in the Bük facilities is provided for export. Once the investment is complete, the United Kingdom will take over from Germany as the primary export destination of Nestlé, with 35% of the products delivered to the UK. Germany, Austria and Switzerland remain to be highly important markets, collectively receiving 40% of the products from Bük, while 10% of future exports will go to Italy.
source: nestle.com
