Another boost in the Hungarian wine industry
In order for the Hungarian wine industry to strengthen its competitiveness and the recognition of Hungarian wine, new developments and innovations are always needed, said Minister of Agriculture István Nagy on Friday in Pannonhalma, at the handover of the new wine processing plant of TóthBorbirtok.
The head of the ministry emphasized that the Hungarian government and the Ministry of Agriculture are still partners of the viticulture and winemaking society. In the current support period of the Common Agricultural Policy, more than 100 million euros are available to the sector, including for winemaking investments and innovation. The goal is for wineries to become even more competitive with technological developments and modernization, the minister explained.
The head of the department reminded that the solution to the challenges of the age is development, and the added value must be increased in order to be competitive. The Hungarian government provides all the support for this, as HUF 2,900 billion is available for the development of agriculture until 2027 thanks to the 80% national co-financing.
István Nagy added that the success of Hungarian wine is in our common interest. It is not only an economic issue, but also a nation-building force. TóthBorbirtok, which planted the first grapes on the hills of Pannonhalma ten years ago, joins this nation-building force. The wine industry has since achieved international success: TóthBorbirtok’s 2021 Kódex Furmint was chosen as the best Hungarian white wine at the London wine competition. The opening of the new wine processing plant is another milestone that ensures the future growth of the wine industry and the production of premium wines and champagnes, explained the minister.
Related news
This could be the reason for the dramatic decline in red wine consumption
In recent years, there has been a noticeable decline in…
Read more >The PTE Viticulture and Enology Research Institute has renewed its machinery and winemaking equipment
The University of Pécs Viticulture and Enology Research Institute (PTE…
Read more >ALDI Launches Supermarket First Own-Label Aluminium Wine Bottle for Just £5.99
Aldi is toasting to a greener future with the launch…
Read more >Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >