Találatok a következőre: - Compensation scheme

08.05.2021

NEW VIP SUBSIDY TO IMPROVE COMPETITIVENESS FOR MEDIUM-SIZED AND LARGE ENTERPRISES

In line with the approval of the European Commission on May 6, 2021, a new Subsidy to Improve Competitiveness has been introduced by the Ministry for Foreign Affairs and Trade, with HIPA Nonprofit Ltd as the managing body. The new incentive program is available from May 10 2021, for medium-sized and large enterprises throughout Hungary based on the amendment of the Decree 7/2020. (IV.16.) of the Ministry for Foreign Affairs and Trade on the subsidy to improve competitiveness required as a consequence of the COVID-19 pandemic.

13.01.2021

COMPANIES THAT SUCCESSFULLY APPLIED FOR THE COMPENSATION SCHEME FOR LARGE ENTERPRISES - VIDEO REPORT

In line with the approval of the European Commission on June 23, 2020, a new compensation scheme has been introduced by the Ministry for Foreign Affairs and Trade, which was managed by the Hungarian Investment Promotion Agency (HIPA). The new scheme was available from July 6, 2020 for large companies based on the amendment of Decree 7/2020 (IV.16) of the Ministry for Foreign Affairs and Trade on the subsidy to improve competitiveness required as a consequence of coronavirus situation and the introduced administrative measures. The coronavirus outbreak had a severe economic impact that resulted in declining revenues and operating profit. Therefore, Hungary has adopted this new compensation scheme that compensated the affected undertakings for the damage caused by the COVID-19 outbreak and administrative measures adopted with the intention to minimize the spread of the virus. The compensation could be granted in the form of non-refundable cash grant for those companies that were willing to contribute to economic recovery of Hungary. Hungary has allocated a budget of HUF 70 billion from national resources for the realisation of the aid scheme. For further details, check out our detailed article here.

Please find below the list of companies that have successfully applied for the above state aid scheme.

23.09.2020

New compensation scheme for large enterprises

In line with the approval of the European Commission on June 23, 2020, a new compensation scheme has been introduced by the Ministry for Foreign Affairs and Trade, managed by the Hungarian Investment Promotion Agency (HIPA). The new scheme is available from July 6, 2020 for large companies based on the amendment of Decree 7/2020 (IV.16) of the Ministry for Foreign Affairs and Trade on the subsidy to improve competitiveness required as a consequence of coronavirus situation and the introduced administrative measures.