Meat Processors afraid of Hungarian meat market collapse
Due to the loss of the meat processors many companies can get into bankruptcy, the Hungarian meat market can even collapse – said Fazekas József, head of the Kelet-magyarországi Húsosok Kft..
The company, in which eight smaller company carries out its businesses last year generated revenues of 12 billion HUF, about 30 percent less than a year earlier. The company's loss was approximately 400 million HUF, according to preliminary datas.
According to Fazekas József; the situation could be solved with the regulation of the market with the suppression of the black economy and a fair benefit sharing. (MTI)
Related news
Related news
Finland’s Fazer presses ahead with new chocolate factory
“The investment of approximately €400m is the largest in Fazer’s…
Read more >The GKI business climate index decreased slightly in July
According to a survey by GKI Economic Research Ltd. –…
Read more >We are using up the Earth’s resources today, and there is something deeply embedded in this that we don’t even think about.
This year, July 24th is global Overshoot Day, or Overconsumption…
Read more >