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
AM: Producer protection will be renewed from January 1st
From the beginning of the year, new rules promoting fair…
Read more >Food Labels Should Indicate Whether Products Were Made Using AI, Say Consumers
Some 83% of consumers believe that food labels should state…
Read more >The power of local products
Auchan Magyarország Kft. was awarded a silver medal for the…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >