Trademagazin > News and articles > Market News > OTP: trillion HUF investment need in animal breeding
OTP: trillion HUF investment need in animal breeding
In the next seven years, approximately one trillion HUF needs to be invested in livestock production in order to raise the Hungarian pig, poultry and cattle breeding and dairy sector to European standards.
According to the summary of OTP bank sent to MTI, in order to use the Hungarian agribusiness opportunities especially in animal husbandry, agro-business and to provide their financial stability and increase their competitiveness, developments and investments are needed. (MTI)
Related news
More related news >
Related news
KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical…
Read more >Food industry investment boom possible: nearly 200 billion forints in support decided
The first decisions have been made on supporting larger-scale developments…
Read more >K&H Analyst Commentary: Households will receive support
In June, the gross average wage increased by 9.7 percent…
Read more >