- 7 Aug 2023 6:00 AM
- Hungary Matters
Péter Szijjártó said on Facebook that significant changes had been introduced to simplify the system of investment support.
The minimum investment requirement for eligibility has been reduced from 4 billion forints (EUR 10.1m) to 1.2 billion forints in smaller rural settlements which will enable many Hungarian-owned companies to get 50% support for their investments.
The system of guarantees will be simplified and investments involving renewable energy will be eligible for support also in Budapest, he added.
Additionally, a new type of support will become available in the entire area of Hungary, for strategic investments that promote the transition to green economy, he said.