Working-capital loan for Hungarian food industry
The Hungarian Development Bank would injection HUF 30 billion into food industry sector.
The bank would undertake 100% guarantee
of the trade banks' resource placements. To this step the law about
Hungarian Development Bank must be changed. According to Federation
of Hungarian Food Industries if the financial position of the sector
will not be better in the next few months, in autumn plants must be
closed and people will be fired.
Related news
More related news >
Related news
This year will truly be the year of data management
Although inflationary pressures eased a bit in 2024, consumers have…
Read more >DLA Piper Hungary / Omnibus proposal: necessary simplification or step back in sustainability efforts?
On February 26, the so-called Omnibus proposal aimed at simplifying…
Read more >Slow Food Deutschland criticises insect-as-food approach in Europe
Slow Food Deutschland has criticised the use of insects as…
Read more >