With an investment of HUF 1 billion (EUR 2.6 million) – of which HUF 245.4 million is state aid – the BioTechUSA Group has expanded its production and logistics center in Szada with an automated packaging warehouse.
The investment includes a 450 square meters automated warehouse and a four-storey social block on more than 1,000 square meters. The modernized complex in Szada employs almost 600 people.
BioTechUSA is a purely Hungarian group of companies. The company produces and distributes dietary supplements and specialty foods. It is present in more than 103 countries with 48 webshops, 307 franchise stores, 1,800 employees and 4,500 partners. The company currently has a product range of more than 2,000 products.
The group’s total turnover exceeded HUF 90 billion (EUR 233 million) in 2023. According to its own announcement, the BioTechUSA Group ended the 2022 financial year with total sales of HUF 82.336 billion, EBITDA of HUF 11.5 billion (EUR 29 million) and profit after tax of HUF 6.298 billion.