National champions of the food industry
The Food Industry Champion Program also helps strengthen our food sovereignty and support Hungarian producers – Minister of Agriculture István Nagy announced on his social page.
The head of the ministry spoke about how the government spent significant resources on food industry subsidies in recent years, with which it tried to increase competitiveness and reduce the decades-long international disadvantage. He emphasized that this program now provides a new opportunity to strengthen the Hungarian food industry and put it on a new foundation. With this, we can provide Hungarian families with more safe, high-quality food produced from domestic ingredients, explained the minister.
István Nagy emphasized that the additional goal of the initiative is to create an integration that covers the food chain
In this way, they can guarantee the safety of production and food supply in the long term. The program thus also supports farmers. He added that the program can provide additional opportunities for small producers to produce food safely and competitively. This is how we can strengthen the sovereignty of the domestic food industry. Hungary’s success can be measured by the operations of farmers and successful Hungarian businesses and companies, which is why it is necessary for the food industry to have prominent, national players, that is, champions, who will also hold their own on the world market, explained the minister. The head of the ministry expects the program to reduce domestic import dependence and increase export capacity.
AM
Related news
European Parliament adopts AI legislation
The European Parliament has voted by an overwhelming majority in…
Read more >The sector of animal breeders is facing a huge opportunity
European agriculture and farmers are suffering enormous damage, and animal…
Read more >Good news for companies: tax administration burdens are simplified
At the EU level, Hungary has made exemplary changes in…
Read more >Related news
Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro…
Read more >Gergely Suppan: the recession is clearly over in Hungary
The recession is clearly over in Hungary, from now on…
Read more >K&H: the inflation anomaly is clearly visible, but customers perceive it differently
Although inflation has slowed down a lot, according to the…
Read more >