News by country: Hungary

IIB continues to support the Hungarian agro sector: Hunent Group will receive the Bank’s support for further development

IIB continues to support the Hungarian agro sector: Hunent Group will receive the Bank’s support for further development

International Investment Bank has signed a new loan agreement, which provides for a large-scale and long-term financial support to the Hungarian company Hunent Group, one of the country's leading agricultural producers. The twelve-year financing will be used for further modernization and comprehensive development of the Borrower’s production and processing plant in Melykut. Built with IIB financial support and launched back in January 2019, this state-of-the-art agro-industrial enterprise is…  Read more
Strengthening and development of Russian-Hungarian cooperation: IIB delegation took part in the 14th plenary meeting of the bilateral IGC

Strengthening and development of Russian-Hungarian cooperation: IIB delegation took part in the 14th plenary meeting of the bilateral IGC

On November 26, 2021, in Obninsk (Russian Federation), within the framework of strengthening of interstate cooperation, the 14th plenary meeting of the Russian-Hungarian Intergovernmental Commission on Economic Cooperation was held. IIB has been a member of the Russian-Hungarian IGC since 2016, when Hungary returned to the Bank as a member state. The event was chaired by the Minister of Health of the Russian Federation Mikhail Murashko and Minister of Foreign Affairs and Trade of Hungary…  Read more
IIB and Pet Kupa presented results of

IIB and Pet Kupa presented results of "Clear Water. Happy Tisza" initiative aimed at saving this important water artery of the CEE region from plastic pollution

The Plastic Cup Mapped the Waste Situation at the Tisza from its Spring to its Mouth: Nearly 4000 polluted areas registered on the new waste map. The cross-border programme launched by the Plastic Cup two years ago and sponsored by International Investment Bank (IIB) resulted in a great Tisza Expedition, which mapped the total length of the river. As part of the CLEAN WATER, HAPPY TISZA programme, experts, volunteers and waste management specialists of the Plastic Cup assessed the hotspots of…  Read more
IIB continues an active dialogue with its member states: Minister of State of the Ministry of Foreign Affairs and Trade of Hungary Dr. Csaba Balogh paid a visit to IIB Headquarters in Budapest

IIB continues an active dialogue with its member states: Minister of State of the Ministry of Foreign Affairs and Trade of Hungary Dr. Csaba Balogh paid a visit to IIB Headquarters in Budapest

Minister of State of the Ministry of Foreign Affairs and Trade Dr. Csaba Balogh visited IIB Headquarters in Budapest, where he met with the Chairperson of the Management Board Nikolay Kosov and members of the Management Board. Head of IIB informed his high-ranked guest about key strategic priorities of the institution, recent results of its activities, primary plans and investment opportunities with the focus on Hungary and Europe. It was emphasized by all meeting participants that IIB…  Read more
IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum

IIB contributes to strengthening and development of economic ties between its member states: the Bank took part in the business forum "Russian-Hungarian Trade and Industrial Dialogue"

On October 12, 2021, as part of the development of mutually beneficial bilateral ties between the business communities of Russia and Hungary, a business forum "Russian-Hungarian Trade and Industrial Dialogue" was held in Budapest. The Hungarian Chamber of Commerce and Industry, the Moscow Chamber of Commerce and Industry, the working group of the Russian Union of Industrialists and Entrepreneurs (RUIE) on Russian-Hungarian economic and investment cooperation as well as a number of professional…  Read more