MAG - Hungarian Economic Development Centre (MAG) is Hungary’s intermediate body for economic development programmes financed from European Union resources.
The primary goal of MAG is to provide the highest level of cooperating service for development policy planners and managers, the beneficiaries of the grant programmes and the affected enterprises as well as the realization of goals set down in the business plan.
Name: MAG - Hungarian Economic Development Centre Ltd.
Owner: Hungarian Development Bank Private Limited Company
Revenue: €20 million (2008)
Staff: 365 persons (2009)
The MAG - Hungarian Economic Development Centre Private Limited Company (MAG) - is one of the youngest members of the institutional system created by cohesion policy of the European Union. This brochure presenting the company’s first three years of operation serves to provide a clear view for the widest possible audience.
