Food Industry Development Cannot Stop Despite Difficulties

Food

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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.

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