Food company Ujvilag sees revenue climbing to HUF 400m in 2010

Revenue of the company has risen 20-25pc over the past 3-4 years, Mr Szebeni said. Ujvilag, established as a farm cooperative in 1949, wound up the last of its agriculture activities, raising crops, in January. Now the company is focusing on creating new products to meet the growing demand for healthy food, Mr Szebeni said. Ujvilag makes such well known Hungarian brands as Abonett and Negercsok.

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