Label: "state aid"

beruházás, építkezés, kivitelezés, ingatlanfejlesztés, gyárépítés, építőipar
January 26, 2024 16:15

Hungary provides generous support to foreign firms, but few Chinese companies on the list

More than half of supported firms are Hungarian, yet they received less than a third of the funding

akkumulátorgyártás e-autó-gyártás e-autók
January 18, 2024 15:14

South Korean Bumchun explains controversial layoffs

Automotive company received state aid earlier for job creation

akkumulátorgyártás,
January 17, 2024 08:22

South Korean battery plant keeps sacking Hungarian workers after pocketing billions for job creation

Asian guest workers replace local workforce

byd
January 16, 2024 11:38

Hungary may use EU money to help Chinese carmaker, Brussels could retaliate

Subsidy decision may be contested only after payments are made

európai bizottság, eu, európai unió, uniós források, uniós vizsgálat
January 09, 2024 08:46

Brussels to rein in budgets when the Hungarian government has already overspent

Fiscal alcoholism or EU detox coming? Former Italian PM has a suggestion

budapest magyarország magyar gazdaság
December 05, 2023 09:25

Hungarian Economic Association makes several recommendations to the government

They set out in bullet points what should be done in each area

December 04, 2023 09:37

The value of aid for R&D investment increases in Hungary

Companies can be awarded aid intensities of up to 50%

akkumulátorgyárt akkumulátor akkumulátoripar
August 24, 2023 10:08

Huayou Cobalt's cathode plant project to receive generous state aid

Plenty of improvements needed in Ács

repowereu, rrf, next generation EU, eu, helyreállítási alap
August 16, 2023 17:31

EU nods on Hungarian state aid for new battery plants

Cabinet may theoretically support other green transition areas too

szijjártó péter
August 07, 2023 08:15

Hungarian Foreign Minister announces important facilitations for investment grants

He also talked about a new type of aid

orbán viktor orbán kormány
July 05, 2023 10:02

Harbinger of austerity: Hungarian gov't launches Public Expenditure Review Task Force

Sensitive areas also under review by the government

varga mihály bef
May 04, 2023 13:35

Hungarian gov't rewrites pension rules to improve budget liquidity

The changes range from seniority to benefits

covid, koronavírus-válság, járványügyi segély
April 26, 2023 13:58

Hungarian economy put on ventilator with state aid

Government pumped more into the economy than it lost in GDP

forint-penz-fizetes-ber-realber-inflacio-aremelkedes-arak
April 25, 2023 09:43

Mol and Richter to pay HUF 91 billion in dividends to state-interest trusts

This sum has certainly lost its public money character

April 13, 2023 16:45

European Commission green-lights EUR 1 bn Hungarian scheme

To aid businesses facing surging energy costs

litium akksi
March 20, 2023 10:45

Brussels' new plan could even help the Hungarian government's economic plans

Joint procurement of raw materials for industrial production, including batteries

európai bizottság brüsszel eu európai unió
February 28, 2023 13:32

Commission takes decision Hungarian investment aid to Samsung battery plant

EC puts spotlight on EUR 90 mn staid aid

robottargonca a bosch hatvani gyárában
February 17, 2023 12:08

Bosch to expand further in Hungary, state grants HUF 10 billion support

German company to set up logistics & distribution centre, up production capacity in Miskolc

hidrogén jármű kamion teherautó
February 14, 2023 08:38

EU proposes to clarify what counts as renewable hydrogen

The Commission has proposed a draft law