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Hungary - Third Industrial Restructuring Project (English)

The project supports the restructuring of the industrial sector. The project includes three enterprise credit components to support enterprise investments for: (i) increased direct and indirect exports to convertible currency markets related to the implementation of enterprise restructuring programs; (ii) growth of entrepreneurs and small businesses; and (iii) efficient employment creation in regions affected by emerging unemployment due to industrial restructuring. The project also includes technical assistance to strengthen the participating banks in the area of small business credit, to prepare enterprise and subsector restructuring programs, to improve the analytical framework for the small business sector, and to help improve the Government measures for addressing unemployment.

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Hungary - Third Industrial Restructuring Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/686461468252311192/Hungary-Third-Industrial-Restructuring-Project