News in Brief
Government grants HUF 50 billion to support Hungarian health sector
The finance minister said the focus is on manufacturing rubber gloves, masks, medicines, disinfectants, ventilators and other medical equipment.
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News in Brief
Hungarian government extends corporate investment support scheme
Finance Minister Mihály Varga said the government’s goal is to make 2021 a year of economic growth for Hungary.
News in Brief
Government will spend HUF 4,265 billion on the development of Hungary's rural areas
Through the European Union's common agricultural policy (CAP), the government will spend HUF 4,265 billion (EUR 11.8bn) on the development of Hungary's rural areas, its agriculture and food industry until...
News in Brief
Government invests in development of Covid-19 testing laboratory
The foreign ministry and HIPA National Investment Agency have granted SYNLAB Hungary Kft HUF 140 million (EUR 390,000) for developments related to coronavirus testing.
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Hungarian government to launch its biggest ever home creation scheme this year
Katalin Novák, the minister for family affairs, has announced a number of new initiatives to help Hungarian families throughout 2021.
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Five Hungarian healthcare businesses receive government support
Further contracts are planned to be signed under the scheme, and the aim is to allocate a total of HUF 50 billion through tenders.
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Hungarian government extends aid to tourism sector
One of the sectors hit hardest during the coronavirus pandemic will continue to receive aid from the government.
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Government announce HUF 7 billion tender to support fashion and design industry
The Hungarian government has announced a HUF 7 billion (EUR 19.4m) tender to support the competitiveness of Hungary’s fashion and creative industry.
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Hungarian government to reimburse catering and hospitality sector for lost COVID revenue
The prime minister has revealed that in the coming 30 days, the state will reimburse hotels for 80 percent of the bookings registered before November 8.
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Protecting jobs and families and supporting businesses remains a priority for the Hungarian government
Gergely Gulyás said Hungary’s economic protection scheme has been among the most successful in terms of the job market, with the unemployment rate showing a much better trajectory than in the European Union.
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FM: 100 companies have tendered bids for government support scheme
673 companies out of 806 bidders have now received grants totalling HUF 151 billion. The combined value of government-assisted projects was over HUF 318 billion.
News in Brief
Hungarian government allocates HUF 60 billion to revamp 17 Budapest hospitals
The government will revamp 17 Budapest hospitals to improve hygiene infrastructure in preparation of a potential second wave of the novel coronavirus epidemic.
News in Brief
Hungarian government supports investments of 806 companies with grants totalling HUF 169 billion
Péter Szijjártó, Minister of Foreign Affairs and Trade, said the companies’ investments are worth a combined HUF 377 billion and will save over 143,000 jobs.