Hungarian Foreign Minister announces important facilitations for investment grants
Péter Szijjártó indicated that substantial simplifications will be introduced in the system of investment subsidies.
the minimum investment volume required will be reduced, so that in smaller rural settlements - instead of the previous HUF 4 billion - support will be available for investments of HUF 1.2 billion,
opening up the possibility for many Hungarian-owned enterprises to receive up to 50% support for their development.
In addition,
the collateral system for subsidies will be simplified and renewable energy investments in Budapest will also become eligible in the future.
In addition,
a new type of aid will be available throughout Hungary for strategic investments to support the transition to a greener economy.
Cover photo: copywright MARTON KIRALY via Portfolio
