A news story unlike any other. A news story like a burning candle. As if it were taken from the past, when there were [few] leaderships that were dedicated to the service of their people.
Hungarian government: “the acquisition of Alfoldi Tej Kft by the Romanian subsidiary of the Hellenic Dairies group carries risks, raw milk will be exported from Hungary, while prices will rise for several dairy products produced abroad”
With this statement, the Hungarian government put a stop to the impending acquisition of the loss-making local company, ignoring the fact that the shareholders had agreed to the acquisition, recognizing that access to cheap raw milk is of national importance [especially in a country that aims to grow the population through many demographic measures] and also recognizing the government’s obligation not to let corporate plans leverage the price index.
Who is Alfoldi Tej Kft? The company employs about 700 people. It has two factories, in Székesfehérvár and Debrecen. It has been loss-making since 2021 and produces approximately 270 million liters of milk annually, representing 20% of the fresh milk market in Hungary. Its products include special types of milk for children and the sick.
The takeover proposal was made by the Romanian subsidiary of “Hellenic Dairies”, a company considered very strong in the field and which has expanded to Romania, Bulgaria and Cyprus.
The company stated that it had committed to “major investments” in Hungary through the acquisition and that it aimed to reformulate Alfoldi Tej Kft’s products and develop the company. Regarding the blocking of the deal, “Hellenic Dairies” complain that there was probably a finger of a domestic competitor and state that the government’s concerns are unfounded.
But it is most likely that Orbán took a walk in some Greek supermarkets. There he would have seen the peculiar cartel in prices and products in raw milk, but he would certainly have noticed the extremely high prices of cheese and that Greek cheeses are much more expensive than foreign ones. Somehow, he would not have been convinced that the business plan that the company wants to introduce in Hungary will be successful, since it is not successful in Greece. It is not successful, of course, when it comes to customers. Because for companies it works just fine…
So when a leader gives his government a nationalistic pulse, then it seems that the interests of the Nation, the interests of the many, are more valuable than the bonuses of corporate executives.
Hungary has been demonized by the European Union, mainly because it refuses to impose LGBTQ+ propaganda in its schools but also because it refuses to declare that it is “at war with Russia.”
Obviously, this would be easy for Viktor Orbán. But he prefers to promote family values, achieving an increase in the demographic index of his people. He prefers not to allow the invading hordes to enter his borders unhindered, achieving the security of his citizens and avoiding the Islamization of the country. He prefers his government to work for Hungary and not for the Soros lobbies in the corridors of the European Union…
