Master Good Ltd, a company of more than 1200 employees which hatches, raises and processes poultry, will in the coming four years hire 800 new employees, representatives of the corporation and Minister of State for Employment Sándor Czomba said at a joint press conference at the company’s headquarters in Kisvárda.
Sándor Czomba called the family company an example of successful enterprise which has delivered rapid productivity and employment growth.
Owner and CEO of Master Good Ltd László Bárány announced that the company will this year spend HUF 5bn on investment projects and as a result equipment of the Kisvárda processing facility will be updated and new broiler fattening and hatching sites will be constructed.
As he added, they started to increase the number of workers as early as January and in the coming period the hiring of new employees will be continuous and in line with the completion schedule of projects.
Sándor Czomba pointed out that the company is significantly contributing to economic growth through -- in addition to creating hundreds of new jobs – the paying of taxes. He stressed that the country needs more of such enterprises in the coming period to ensure the success of the county as well as the entire country.
In the opinion of the Minister of State, subsidies aiming to boost the number of jobs and company development, which enterprises have lately won through state tenders, were all well placed. “I trust that as far as development projects of the coming years are concerned thanks to cooperation we will be in the position of writing new success stories,” he added.
This year, the weight of processed poultry meat at the three subsidiaries of Master Good Corporation will total some 100 thousand tons, which means that every third chicken in Hungary is processed at the Kisvárda facility. 95 percent of products from this facility are exported.
At the event, László Bárány pointed out that over the past three years the corporation has invested more than HUF 18bn. As a result of this year’s development projects totalling more than HUF 5bn, a new production line is expected to be started in the middle of May which will boost the output of the Kisvárda facility by 25 percent.
Net revenues of the corporation were HUF 49.3bn last year, and this amount is expected to increase to more than HUF 101bn by 2018. In 2013, Master Good paid taxes of some HUF 1.8bn, which amount – as a consequence of investment – may be as high as HUF 3.9bn in four years’ time.
(Ministry for National Economy)
