Over 500 Companies Apply for Subsidy to Promote Competitiveness
So far, 526 companies have applied for a government subsidy aimed at increasing the competitiveness of businesses, Péter Szijjártó, the minister of foreign affairs and trade, said on Monday. Szijjártó added that the applicants have agreed to complete investments of a...
Gov’t Almost Triples Investment Funding for Large Companies in 2020
The Hungarian government is raising its total investment funding for large companies from 15 billion forints by 25 billion to 40 billion forints (EUR 113.9m) in 2020, to help offset the economic fallout in the wake of the coronavirus epidemic, Finance Minister Mihály...
Hungary to Set up Plant to Produce Vaccines
Hungary plans to set up a vaccine plant in order to become independent from outside sources, Chief Medical Officer Cecília Müller announced at the Operative Board’s press conference on Friday. On Friday, the National Public Health Center (NNK) signed an agreement with...
Govt Earmarks over HUF 400 bn for Epidemic Response, says Minister
Hungary’s government has earmarked over 420 billion forints (EUR 1.2bn) in development funding for its economy protection scheme aimed at offsetting the economic fallout of the novel coronavirus epidemic, the finance minister said on Wednesday. Modifications made to...
