Government to Double Investment Support Scheme for Large Companies

2020. november 19.

Hungary Today

The government will raise investment support for large companies in 2020 to 80 billion forints (EUR 221.5m) from 40 billion, Finance Minister Mihály Varga said on Thursday. Speaking at the online cornerstone-laying ceremony of hygienic paper manufacturer Vajda-Papír’s new plant, Varga said it was the government’s priority that Hungarian companies emerge from the crisis “as winners”. The government will continue to introduce tax cuts, job protection measures and increase investment support, he said.


featured image via Tamás Kovács/MTI