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HN: Agrofert subsidies three times higher than its taxes


The Agrofert holding, which PM Andrej Babiš transferred to trust funds, received the record high sum of CZK 2.1 billion in subsidies last year, which is nearly three times more than it paid in taxes for in 2017, daily Hospodářské noviny wrote on Thursday. Agrofert is number one in Czech agriculture and food industry, number two in the Czech chemical industry and a big player in wood processing. It also owns media outlets.

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