AKI: the total value of investments in the food industry increased by 9 percent last year
Based on preliminary data, the total value of investments in the food industry increased by 9 percent compared to last year in 2021 – reads the report published by the Agricultural Economics Institute (AKI) on Friday.
Investors spent 57 percent of the amount on machinery and equipment, 37 percent on buildings and constructions, and 2 percent on vehicles, the ratios did not change significantly compared to 2021.
Calculated by value, expenditures on buildings and other constructions increased the most, by 18 percent, while vehicle investments increased by 14 percent, and the amount of development of machinery and equipment increased by 6 percent.
Last year, the biggest investors in Hungary were confectionery production, soft drink and mineral water production, and poultry meat processing. Together, the three branches spent 40 percent of the total investment amount, a total of almost HUF 139 billion, for such purposes.
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