Working-capital loan for Hungarian food industry

By: trademagazin Date: 2009. 03. 05. 12:44

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.  

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