The food industry may be given one hundred billion HUF support from the GINOP
After professional negotiations, the food industry may be given 100 billion HUF support from the support funds of the Economic Development and Innovation Operational Programme (GINOP), the government decided on Wednesday – Lázár János, Minister leading the Prime Minister's Office told at a press conference in Budapest on Friday.
Lázár János stressed that food processing should be developed in order to improve competitiveness, therefore the government has decided to allocate a tender line for the food processing in the GINOP. The government can mobilize 50 billion HUF non-repayable and 50 billion HUF repayable support for the development of the food industry.
Related news
We will further enhance our agricultural cooperation with the United States
New dimensions are opening up between our country and the…
Read more >KSH: food industry sales prices increased by 6.2 percent
In March 2025, industrial producer prices were 7.3 percent higher…
Read more >MKIK Vice President: Economic challenges must be turned into opportunities
The role of the Hungarian Chamber of Commerce and Industry…
Read more >Related news
Slowing expansion in April: manufacturing industry downgraded
According to the May business report of the Hungarian Logistics,…
Read more >More and more people, but not enough, are adopting the cage-free system
Only 20-30% of the nearly 8 million laying hens in…
Read more >Hungarian M&A market at historic high
The domestic transaction market reached a record high last year,…
Read more >