After more than a year and a half of waiting and lengthy negotiations, €10.5 billion in development aid is set to be released for Hungary. As a result, little has been said about how cohesion policy priorities and procedures for tenders and public procurement have changed. What are the most significant changes? What about additional resources; what direct support has been and is available?
In a changed regulatory environment, businesses are confronted with new challenges to utilise the support as efficiently as possible. What might be the biggest pitfalls? What role do banks play in tenders and developments? What should be anticipated in public procurement?
With the arrival of funds, the rush may also start at consultancy firms and lawyers. Why is it crucial that companies ask for the right help? Whom to approach for comprehensive assistance from grant application submission to reporting? What to consider regarding taxation?