Haventures: Hungarian agriculture is on the rise
Budapest, Hungary, November 28, 2023 /PRNewswire/ — The member states of Central and Jap Europe play an vital function within the agricultural manufacturing and financial efficiency of the European Union. Whereas EU agricultural coverage focuses on supporting agriculture in member states within the area, meals security is turning into a extra urgent subject as a result of local weather and geopolitical modifications, encouraging the institution of developments inside the sector. Within the final years, Hungary Capital investments in agriculture have risen considerably, according to present traits. After a number of profitable investments, export-producing agricultural expertise firms are poised for continued development. Hiventures, a member of the MFB Group, gives the appropriate financing surroundings and growth and enlargement alternatives.
UBM Holding Niort.: Because the main firm within the area of buying and selling of feed, grains and protein crops within the area, the corporate group succeeded in rising its capital on the Budapest Inventory Alternate by roughly 13.5 million euros Final yr by means of company funding Hiventures. This capital injection has enhanced the monetary stability of the corporate group, enabling it to broaden not solely inside the firm Hungary But additionally within the Romanian and Slovak markets, which is able to strengthen its export market share.
The group has established a presence in Austria, Romania, Slovakiaand Serbia, the place it generates almost half of its gross sales income from export actions. By using high-quality uncooked supplies and cooperating with overseas companions, they produce 14,000 tons of prepared mixes yearly, that are in excessive demand.
Civita Meals Café: Likewise, Civita Group, which went public this summer time with the assist of Hiventures, goals to spice up its exports and develop revolutionary merchandise. The corporate, which focuses on processing gluten-free corn, flour, semolina, corn oil and pasta, sees nice potential within the gluten-free meals market as a result of advances in effectivity.
The group has established a presence in a number of nations in Central and… Jap Europe With a variety of gluten-free milling and pasta merchandise. By way of revolutionary developments, their new milling expertise permits the entire removing of corn germ from the corn grain, making it appropriate for urgent.
Szatmári “Rege” Konzervgyár Kft.: Szatmári Konzervgyár Kft. It’s the principal provider on the EU market of fruits, greens, preserves and pickles which might be processed with out preservatives and sourced from the japanese Hungarian area, which is especially vital for Hungarian agriculture. Greater than 70 p.c of the plant’s merchandise are offered abroad, and pickled cucumbers are thought of a premium product. The uncooked supplies wanted for manufacturing are sourced from native suppliers, overlaying roughly 3,000 hectares, with specific emphasis on the managed natural farming required for natural merchandise.
EcoConservatory KFT: The corporate additionally operates within the japanese a part of Hungary, has been producing canned merchandise for greater than 50 years. Utilizing trendy sealing (vacuum) and warmth processing (sterilization and pasteurization) strategies, they produce preservative-free meals, together with inexperienced peas, candy corn, canned beans and lots of pickled merchandise. With its dependable and well-established logistics system overlaying each japanese and western operations, the corporate achieves an export price of round 70%. Following a profitable monetary restructuring supported by Hiventures, EKO has just lately entered into joint administration and possession with Szatmári Konzervgyár, offering further assure of manufacturing high quality and steady growth for each firms.
Resulting from Hiventures’ dependable and predictable operations, coupled with its instructional initiatives, capital funding is gaining reputation not solely within the agriculture sector but in addition amongst medium and huge firms in numerous industries. According to financial growth efforts, the Capital Fund Supervisor has contributed to the event of roughly 40 Hungarian firms by disbursing approx. 100 million euros Over the previous three years.
Supply: Hiventures PLC enterprise capital fund administration.