The food industry is booming

A stable and domestically sourced food supply is important for Hungary (Photo: Pixabay)

She drew attention to the fact that one of the main goals of the food industry is still to ensure that the food supply is predictable and stable in all circumstances, in addition to high quality and a large selection of products. For this, it is necessary to ensure the appropriate conditions for production, to know the commercial characteristics and the needs of consumers. In addition to the domestic market, export and its promotion are also a priority task. Dr. Beáta Felkai emphasized that, from 2014 to December 31, 2021, a total of HUF 516.5 billion in food industry support contributed to stabilizing the income of sector players, reducing risks and improving their financing situation. Of this, 166.5 billion forints were awarded in the framework of subsidies financed purely from national sources, and 316.7 billion from EU sources. The new calls announced in 2021, which proved to be a great success, will further help the development of the sector’s competitiveness. The goal is for Hungarian food products to be in demand both at home and abroad!

A.M