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Givaudan lays cornerstone for HUF 36bn flavoring plant in southern Hungary.

Europe Intelligence Wire

| March 03, 2011 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, March 3, 2011 (MTI-ECONEWS) - Swiss flavorings and fragrances manufacturer Givaudan laid the cornerstone for the company's CHF 170m (HUF 35.7bn) flavoring plant in southern Hungary on Thursday.

Givaudan CEO-President Gilles Andrier said that the plant in Mako (S Hungary) is expected to begin full-scale production of food flavoring during the first quarter of 2013, employing 300 workers. Mr Andrier said that Givaudan would begin …

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