Food Industry Development Cannot Stop Despite Difficulties
pexels
The development of the domestic food industry cannot stop despite difficulties not seen for decades, said the national vice president responsible for the food industry of the National Chamber of Agriculture (NAK), Tamás Éder.
He was speaking at the online event of the agricultural and food industry department of the Hungarian Economic Society, writes profitline.hu.
According to Éder, application opportunities are not only justified by the lack of competitiveness since the food industry is also responsible for the modernization of production and continuous product innovation.
Investments are also needed because today, there is no supply of unskilled workers, and due to the increase in wages, any investment that reduces labor costs is more and more profitable.
The sector actors now feel that the last time they faced such a complex and rapidly changing situation was during the regime change, and the economic environment changes almost every week, he added.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Hungary to Address Future of Cohesion Policy During EU Presi...
AI may Save Hungarian Healthcare, Says Leading Doctor
Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
