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US Companies Form Third Largest Investor Community in Hungary - Details Revealed

• 23 Feb 2024 7:15 AM
• Hungary Matters

Consultations on a 23 billion forint subsidy programme for corporate investments that boost Hungary’s level of self-sufficiency in the production of medical supplies have started, the Innovation and Technology Ministry said.

The ministry is accepting input on the scheme until Feb. 2.

Pre-registration for the grants starts on March 10, and applications may be submitted on April 8-29 for grants of between 30 million forints and 2 billion.

The government launched the programme in mid-2020, in the face of the coronavirus crisis, awarding 50 billion forints in subsidies for 46 such investments with a combined value of 65 billion forints.

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