UPDATE - PM sees chance for farm sector to appreciate

Visits

The debt crisis in the eurozone may be the cause of much damage, but it brings with it the chance for Hungary's farm and food industries to grow in value, Prime Minister Viktor said at the opening of National Farm and Food Industry Exhibition (OMEK) in Budapest on Wednesday.

Industry is important, and work must be done on Hungary's industrialization program, but industry cannot squeeze out the farm sector, it may only coexist with it, Orbán said. The farm sector offers a great opportunity for Hungary, he added.

Orbán said the crisis and the accelerated rearrangement of the global economy had given people a new view of the farm sector. "It made us realize that we can eat neither securities nor electronic widgets," he said.

The farm sector, until now "looked down upon and pushed to the side" in developed countries, is regaining importance, Orbán said.

Hungarian farmers have to supply high quality food, but it should also be processed in Hungary, because that will create jobs, he said.

More than 500 industry professionals are showing on 70,000 square meters at the exhibition, said farm minister Sándor Fazekas.

ADVERTISEMENT

More Romanians at poverty risk since the COVID pandemic Analysis

More Romanians at poverty risk since the COVID pandemic

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.