Agro-economic researcher: the agricultural machinery market continues to grow
Agricultural machinery market in Hungary continues to expand: Private holdings and joint ventures bought new machinery worth about 134 billion HUF in the first three quarters, which is a 3 percent increase, compared to the year before, according to the Institute of Agricultural Economics (AKI), according to which 43 billion HUF was spent on parts in the same period, 10 percent more than in January-September last year.
According to a sales report from 152 field machine dealers and manufacturers, a significant number of buyers buy machines using bank credit. The most popular source is the central bank’s preferential credit program, with most using the facility available under the NHP fixed-rate launch launched in January. (MTI)
Related news
Mandatory type certification of plant protection machines and spraying drones
The National Food Chain Safety Office (Nébih) informs the companies…
Read more >Attitude formation for sustainable agricultural water management
The Ministry of Agriculture received a non-refundable European Union grant…
Read more >The KSH starts an agricultural census
The Central Statistical Office (KSH) started the agricultural census of…
Read more >Related news
NIS2 countdown: One and a half months to register
The NIS2 directive sets out a number of requirements for…
Read more >Germany’s REWE to open a vegan store this spring
According to a report published on Plant Based News, REWE…
Read more >SPAR Netherlands extends cooperation with EG Group
SPAR Netherlands is extending its partnership with EG Group (Euro…
Read more >