Abstract
Before examining the state of military industry in Hungary, it is useful to survey the state of technical development which has undergone a significant change since 1990. Over 50% of the previously nationalized industry has been privatized. At present there are about 800,000 private enterprises in Hungary, including small family enterprises and medium-sized ones. This led to a transformation of the structure of industry, starting in 1990, and now small and medium-sized enterprises constitute about 70% of industry, i.e. the transformation in industry, into the direction which is exhibited by prosperous economies, has progressed significantly.
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References
Szarka, (1993) Present position and efforts of defense industry in the Hungarian economy. C+D ‘83, Budapest.
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© 1997 Springer Science+Business Media Dordrecht
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Pungor, E., Jerzsabek, L. (1997). Conversion in Hungary. In: Dundervill, R.F., Gerity, P.F., Hyder, A.K., Luessen, L.H. (eds) Defense Conversion Strategies. NATO ASI Series, vol 9. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-1213-2_9
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DOI: https://doi.org/10.1007/978-94-017-1213-2_9
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-4782-3
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