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2017-08-14 00:00:00
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If the suspected plans go ahead for Ghraoui Chocolate in the next few weeks, construction on the new chocolate factory will begin in October. Located in Hatvan (Hungary), the investment covers 12,000 square meters and is expected to hire nearly 550 people nearby. However, they have plans for this to double within six years.
After a year of construction, production is expected towards the end of 2018 with output reaching 1,000 tonnes; 95% of this amount going abroad to different markets. Although the company is funding the majority themselves, they have received support from the government with HUF 1.5 billion in assistance.
In the recent past, Ghraoui Chocolate were forced into closing their main factory after the war in Syria escalated. Since 2011, the war has kept them from operating in their traditional way; instead, they’ve been operating from a small workshop in Damascus. Now, the company plans to relaunch in Europe over the next couple of years and all over the world as a long-term target.
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