Hungary’s development bank, Magyar Fejlesztési Bank Zártkoríien Müködö Részvénytársaság, received support to create an advisory unit that will help clients implement investment projects in the transport sector and also assist small and medium companies and mid-caps. 

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With its new advisory unit, the development bank hopes to prepare better projects and help more clients get financing.

With the support of the call, the Hungarian bank designed an implementation model for the advisory service, including the introduction of legal and operational procedures and staff training. Additionally, workshops are being organised for project promoters. There are also activities designed to find new projects that need advisory support.