The food manufacturer Thai President Foods is expanding the existing capacity of its pasta factory in Esztergom as part of an investment of HUF 18 billion (EUR 45 million). The state is supporting 80 additional jobs in the amount of HUF 2 billion (EUR 5 million). In line with the economic strategy, the investor from Thailand is increasing the proportion of domestic suppliers. At the same time almost all production is exported to Europe.
Domestic production output in the food industry reached HUF 3,000 billion (EUR 7.5 billion) in the first half of the year. Exports accounted for just under 50% of this total. Hungary already produces twice as much food as it needs for its own consumption.