Nagy István: profit in the food industry almost doubled in five years
The profit of the Hungarian food industry has almost doubled in the past five years, and the high quality Hungarian raw material is an essential part of its success – Nagy István, Minister of Agriculture stressed at the conference of the Magyar Termék Nonprofit Kft. (Hungarian Product Nonprofit Ltd.) in Budapest.
According to the announcement, the Minister explained that the Hungarian food industry is a strategic sector of high economic importance: it is representing 5,000 enterprises, 33 business branches and 90,000 employees. (MTI)
Related news
István Nagy: Sino-Hungarian agricultural relations may soon resume
Hungarian agriculture and agribusiness have faced numerous challenges recently, but…
Read more >New call supports sustainable water management communities
The call for applications entitled “Supporting sustainable water management communities…
Read more >Responsible agricultural water management is key during drought periods
It is of utmost importance that Hungarian agriculture can adapt…
Read more >Related news
Promotions, prices, alternatives – promotions and Hungarian households
Tünde Turcsán, managing director of YouGov spoke about how Hungarian…
Read more >K&H: investors will receive a missing compass
The K&H Securities – Investor Sentiment Index has been launched,…
Read more >Inflation in Austria fell to 3.0 percent in May
In Austria, the annual rate of consumer prices rose by…
Read more >