Hungary to invite tenders in more than a dozen EU economic development programmes

Portfolio
In addition to the allocation of economic development EU funds gaining momentum in recent weeks, more than a dozen new calls to tender are expected to be published before the end of the year, Via Credit said in a statement.
According to managing director Alex Papadimitropulosz, the rest of 2019 will be about smaller calls for tenders aimed at SMEs. All areas of business operations will be covered, from IT through energy to the purchase of manufacturing equipment.

The new Hungarian Multinational Programme for SMEs and a new energy efficiency scheme will both invite tenders, Papadimitropulosz said.

The HUF 1 billion "Hungarian Multinational Programme II" was originally to be launched in July but has been postponed, similarly to a HUF 6.2 bn programme for the development of research infrastructure.

A HUF 1.1 bn programme for developing competitive entrepreneurial attitude and a HUF 1.5 bn one for competitiveness training for SMEs will both be announced in August, although these two already have the winners decided and are not open to new tenders.

In the near future, the government is expected to announce the HUF 13.17 bn Hungarian Multinational Programme III for the complex development of manufacturing SMEs with outstanding growth potential and a smaller, HUF 1 bn programme for preparing SMEs for export.

In September, two programmes worth HU 2 bn each will be launched, one for SMEs operating in free enterprise zones and one offering conditional non-refundable grants for technology developments.

A HUF 20.4 bn programme for energy efficiency upgrades, announced in April, is expected to invite tenders later this year.

As for employment programmes, three more can be expected this year: a HUF 10 bn trainee programme, a HUF 15 bn programme for increasing employment and a HUF 3 bn one for the training of young mothers.
This article is part of the work programme titled "The impacts of EU cohesion policy in Hungary - Present and Future" which is carried out by Net Média Zrt., the publisher of Portfolio.hu, between 1st April 2019 and 31st March 2020 with European Union financing. The views in this article solely reflect the opinions of the author. The European Commission as the funding entity does not take any responsibility for the use of information presented in this article.
 

More in EU funds

November 24, 2025 14:08

€200bn plan approved, so now we know what EU funds can be spent on next year

More funding will be available than previously planned

budapest magyarorszá eu-magyar magyar gazdaság parlament -építészet-épület-kormány-kossuth-tér-Magyarország-műemlék-politika-zászló
November 24, 2025 13:00

A €1.26 trillion bomb is waiting to explode on the Hungarian budget

In terms of coveted EU funds, the country is already heading for a serious blow

eu-usa, usa-eu, európai unió és egyesült államok
November 24, 2025 08:54

Brussels receive a tough ultimatum: Washington made demands that could disrupt the European economy

Relations becoming increasingly tense over the summer deal

eu jog szankciók-bíróság-brüsszel-európai-Európai-Unió-igazságügy-jog-jogállamiság-uniós-jog
November 21, 2025 16:20

Commission opens four new infringement procedures against Hungary

MOHU's 35-year waste management concession is not to the EU's liking

IMG_6762
November 21, 2025 10:15

EU seeks trade pact with Pacific Ocean partnership

The CPTPP-EU agreement could be a game changer for the European economy

November 17, 2025 16:28

Grand pact approved, Brussels can spend nearly €200 billion next year

MEPs successfully negotiate additional resources beyond those originally proposed in the draft

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search