HUNGARIAN INDUSTRIES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R000100770004-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: December 15, 1998
• Sequence Number: 4
• Publication Date: September 22, 1946
• Content Type: IR

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NTAL INTELLIGENCE GROUP
INTELLIGENCE REPORT
COUNTRY
Hungary
f CT Hi ngari In.duatries
ORIGIN
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DIST. 4 December 1946
PAGES
SUPPLEMENT
1. Hungarian factories continue to work for the Russians within the framework
of the reparations demands. Aircraft. shipping, bauxite and oil are the
principal industries being developed. As a result of agreements with these
four industrial groups, the Russians have now practically a monopoly on
the products from their factories and plants.
2. The bauxite industry, under the n n "Soviet-Hungarian Company" delivers
the largest part of its production to Russia.
3. The tang carriage firm is turning out modern alumiuuma coaches, called 'Silver-
trains", for the Moscow.Leningrad railroad line.
4. The steel which Sweden is to deliver to Hungary under a recent trade agreema.nt
is for Russian purposes and some of it is to be turned into what appears to
be tank armor plate. The director of the Skendinaveka Bank, which . i s handling
a large Swedish loan to Russia, was recently in Budapest to study the question
of the Hungarian steel deliveries.
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