Hungary: Farmers in Baranya received HUF 30 billion for development

Published Jul 26, 2021

Tridge summary

Farmers in Baranya County received HUF 30 billion in state aid, with an additional HUF 230 billion available for livestock farm modernization, as announced by the Minister of Agriculture, István Nagy. Despite the economic impact of the coronavirus, agricultural production in Hungary has increased by 8 percent, and an additional HUF 600 billion in tenders for farm development is expected. The town of Somberek, known for its agricultural history and the main wheat collection site for the Hungarian Bread Program, plays a significant role in Hungarian agriculture.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Farmers in Baranya County received serious state aid, a total of HUF 30 billion was received by 48 entrepreneurs. The supporting documents could be obtained from the Minister of Agriculture in Somberek. In order to preserve the competitiveness of the Hungarian agricultural sector, high-tech livestock farms that comply with European Union regulations in all respects are also essential, said István Nagy. As explained by the Minister, HUF 50 billion was originally earmarked for the modernization of livestock farms across the country, but the budget was increased to HUF 260 billion in line with the needs received. Of this, HUF 30 billion came to 48 entrepreneurs in Baranya. The documents about the support were also handed over to the winning applicants at the event, and the choice of location was not accidental - wrote Bama.hu. In the approximately 1,500 enthusiastic Somberek, agriculture has a rich history, said Tamás Csoboth, the mayor of the settlement. This has given today's ...
Source: Magro

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