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GALLUS INAUGURATES HUF 1.2 BN UPGRADE AT POULTRY PLANT

 

Hungarian poultry company Gallus inaugurated a 1.2 billion forint (EUR 3.6m) upgrade at its base in Sárvár, in north-western Hungary. Gallus renovated its slaughterhouse, replacing 90% of machinery and boosting the level of automisation. It also built a refrigerated warehouse. Finance Minister Mihály Varga, speaking at the inauguration, noted the investment was supported by a 290 million forint government grant. Managing director István Szabó said the group plans to raise some 83 million broiler chickens this year, nearly one-third of broiler chicken output for the whole country. The group exports 50-60% of its chicken products and sells the rest locally in big supermarket chains, he added. Gallus had revenue of 40 billion forints last year.