Hungary investment support framework modified to step up R+D, supplier cooperation - DailyNewsHungary

HIPA: Investment support framework modified to boost R+D and supplier cooperation

The minimum investment volumes for eligibility for support have been reduced in certain regions to as low as EUR 2m.

Hungary investment support framework modified to step up R+D, supplier cooperation - DailyNewsHungary

The Hungarian Investment Promotion Agency (HIPA) said in a statement that the government has modified the framework of conditions for investment support awarded on a case-by-case basis to boost research and development activities and cooperation with local suppliers. In certain regions, the minimum investment volumes for support eligibility have been reduced to as low as EUR 2m. Eligibility for training incentives will no longer require addition…