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Japanese Nissin Foods Announces HUF 4.3 bn Expansion in Hungary
The local unit of Japan’s Nissin Foods will spend 4.3 billion forints (EUR 11.8m) to expand its instant noodle soup plant in Kecskemét, in central Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó said on Thursday.
The government is supporting the investment, which will preserve 320 jobs and create 20 new ones, with a 500 million forint cash grant, Szijjártó said.
Nissin Foods Kft will add 20 percent to its instant noodle soup production capacity and triple its warehouse space, he added.
The Central Statistical Office (KSH) published the data of monthly median wages in Hungary for the past two years. The median wage has been a shortfall in statistics for a very long time, however, the statistical office released a more detailed series of data connected to the indicator. What can be concluded from this is […]Continue reading

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