Orbán Unveils EUR 1bn Plan To Develop Hungary’s Food Industry

(MTI) – The government is planning to spend a total 300 billion forints (EUR 1bn) on developing Hungary’s food industry in the next few years, Prime Minister Viktor Orbán said on Wednesday.

Speaking at the opening ceremony of a plant for sweets producer Stuhmer in northern Hungary, Orban said the government support would help create new jobs outside Budapest.

Orbán said the output of small and medium-size enterprises needed to be multiplied to ensure the stability of the national economy. Meeting that goal requires efforts to make taxation more flexible and more entrepreneur-friendly. Tax rules should not pose an unbearable burden for businesses, he added.

The prime minister repeated his commitment to building Europe’s most competitive business environment in Hungary.

Photo: MTI – Szilard Koszticsak

Source: http://mtva.hu/hu/hungary-matters