The level of mechanization is a question of competitiveness in agriculture

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One of the important conditions for productivity is the continuously developing, high-level background in the field of services related to machines and technologies involved in agricultural production. The state secretary responsible for agriculture and rural development said at the ceremony of the agricultural machinery manufacturing and distribution company: this company is a partner in the development of knowledge-intensive agriculture. But as he said, it cannot be otherwise, since technological modernization is taking place both in the world and in domestic agriculture, an important sign of which is the dynamic growth of domestic machine sales for years. In 2021, another record was set: the turnover of agricultural machinery and spare parts exceeded HUF 300 billion. We have something to be proud of, the efficiency of agricultural production has increased by one and a half times in the last decade – reminded the state secretary. Several calls for tenders of the Renewable countryside, renewable agriculture program provided support opportunities for the purchase of machines and tools. In addition to arable plant growers, the agricultural administration paid particular attention to the machine and technological development needs of horticulture and livestock keepers and placed great emphasis on putting modern work machines and harvesters into production. At the same time, due to the economic conditions affecting agriculture, the extreme drought, and the energy crisis, the agricultural administration must now focus on measures to help maintain the liquidity of businesses – we help farmers with a loan moratorium, an interest rate freeze, and an interest subsidy program, Zsolt Feldman said. In connection with machine purchases, he drew attention to the Agrár Széchenyi Investment Loan Max loan product, which allows you to get a loan with a term of up to 10 years with a net transaction interest rate of 1.5%.

AM