The financing, from both the EIB and European Investment Fund (EIF), was channeled to projects to improve rail services, meet electricity demands from local manufacturers and support SMEs.

The biggest loan was for EUR 160 mln to regional railway company Gysev to upgrade its infrastructure and fleet.

EIB Group also provided approximately EUR 90 billion to support investments by energy company E.ON and transmission system operator Mavir to expand power grids.

Some EUR 64 mln in financing went to local SMEs and mid-caps.

EIB Group investments in Hungary add up to more than EUR 25 bln since 1991, the report noted.