FDBusiness.com

Unilever is reported to be investing HUF2.2b (Eur8m) to increase production capacity at its ice cream factory at Veszprem in Hungary. The intention is to expand annual capacity from 75m litres to 90m litres during the next four years.

Unilever plans to build 7,500 sq m of cold stores and expand packaging facilities at the site. Unilever opened a 3,500 sq m expansion last year. The Veszprem factory produces the Algida brand of ice cream products and over 90% of output is exported to Western Europe.

Unilever, which also operates a food factory in the country, had revenues of over HUF70b in Hungary last year.