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
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >