Hungary’s UBM to build a feed factory near Šid

In the village Adaševci, near Šid (Vojvodina), the Hungarian company, UBM has started to build an animal feed factory, worth over 24 million euros.

The groundbreaking ceremony was attended by the President of Serbia, Aleksandar Vučić, and the Hungarian Minister of Foreign Affairs and Trade, Péter Szijjártó.

The factory will span 20 hectares and it will be located in the Adaševic industrial park. The state-of-the-art automated blending plant, with an annual production capacity of 200,000 tonnes or 30 tonnes per hour, will be able to meet the demand for GMO-free compound feed, in bulk and in bags, for all three animal species.

An office building, spanning 540 square metres, will be built near the factory, as will ill be a laboratory and training centre. The total investment is worth 24,424,000 euros, of which 13,740,000 euros will be spent on the fodder mixing plant and 10,684,000 euros on preparing the land for construction, additional facilities, infrastructure development and design.

The investment is supported by the Hungarian government in the amount of 2.3 billion forints (6.3 million euros), while the Serbian government provided 2.5 million euros. The investment will be carried out by “UBM Feed” based in Belgrade.

In addition to the Hungarian market, UBM supplies 10 other countries with animal feed. The group’s turnover in 2021 was HUF 188 billion (EUR 515 million). It has 430 employees.

(Politika, 08.03.2022)

This post is also available in: Italiano

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