Nagy said HUF 2.895 tln of farm and rural development funding was available until 2027, the end of the current common agricultural policy (CAP) funding cycle.
He noted that the co-funding ratio for those tenders was 80%, allowing access to HUF 5.3 tln of resources.
Applications have been submitted for over HUF 1.435 tln of support for food industry and farming investments available in six tenders called in the second half of the year, he added.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
