Financial Products
Hungary joined IFC in 1985. Since then, IFC has invested $385 million in 28 projects in many sectors, including the financial markets, food processing, pulp and paper, chemicals, and auto manufacturing.
Advisory Services
In addition to its investment program, IFC carried out an extensive donor-funded advisory program. This program focused on supporting privatization, improving the investment climate and business enabling environment to facilitate the country’s transition to a market economy. More on advisory projects in Hungary.
IFC's Changing Role
IFC’s role in Hungary is changing in light of the country’s accession to the European Union and the growing availability of private financing. IFC will focus on the regions, sectors, and projects where IFC’s developmental role is crucial and for which private financing remains limited, emphasizing socially and environmentally sensitive sectors. More on IFC’s strategy in EU accession countries.
