Hungarian fruit and vegetable producer groups can receive 1.4 billion HUF this year

The Ministry of Rural Development (VM) earmarked 1.4 billion HUF for the fruit and vegetable producer groups in the Darányi Ignác-plan this year. The support can be claimed for the establishment, operation and financing of producer groups – the Ministry informed MTI on Monday.

The newly founded producer groups can apply for grants for up to five years, which changes in the rate of the group's annual net revenue. In the first two years the support is 10 percent of their income, in the third they can receive 8 percent , 6 in the fourth, and 4 percent in the fifth year. (MTI)