Hungary blocks foreign bid for Alfoldi Tej dairy firm Government cites supply security, national interest17 September 2025 17 September 2025 2 minute read 2 minute read By: By: Global Ag Media EuropeHungary's government has banned the foreign takeover of dairy company Alfoldi Tej Kft, citing supply safety concerns and national interests, Reuters reported, citing the Economy Ministry on Tuesday. The Economy Ministry said a foreign investor it did not identify had sought to acquire all shares in thedairy maker, which the government says accounts for nearly a fifth of raw milk purchases in the country. "Due to its significant market share, (a) foreign acquisition could cause substantial market disruption in domestic milk production and procurement, as well as high supply security risks," the Economy Ministry said in a statement. Officials for Alfoldi Tej Kft, which is owned by a group of Hungarian investors, did not immediately respond to emailed questions for comment. Founded in 2003, Alfoldi Tej Kft employs more than 700 people and processes nearly 270 million litres of milk per year based on information published on its website.