Nagy István: Investment in the agricultural economy has grown significantly in recent years
Last year, Hungarian farmers spent 355 billion forints on development, 11 percent more than in 2017 at unchanged prices – Nagy István, Minister of Agriculture said at a conference on Investment organized by the Világgazdaság Business daily in Budapest on Thursday.
The minister added that the volume of investments increased by 17 percent between 2013 and 2018. Investment growth increased further in the first half of 2019 with a 17.1 percent year-on-year growth at constant prices. The volume of food industry investments continued to grow in 2017 and 2018, following the strong growth in 2016. (MTI)
Related news
The network of village farmers and the range of services provided to chamber members have been expanded
In response to the challenges posed by the new Common…
Read more >The new horticulture and food industry investment tender calls can be reviewed
Based on the Strategic Plan of Hungary’s Common Agrarian Policy…
Read more >Where to next, Hungarian retail? – RETAIL DAY 2024 is coming
In addition to the macroeconomic situation, the change in consumer…
Read more >Related news
OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD,…
Read more >MBH Bank: Growth may accelerate in the second half of the year, next year GDP may increase by 3.7 percent
The outlook for the Hungarian economy is stable, so thanks…
Read more >