The Temporary Crisis and Transition Framework (TCTF), aimed at accelerating the green transition, is still available for businesses.
With the adoption of the Temporary Crisis and Transition Framework (TCTF) by the European Commission, Hungary has been enabled to provide significant state aid to companies considered strategically important for the green deal. In Hungary, TCTF became available in August 2023, which can be applied for through HIPA Nonprofit Zrt. for the following investments: TCTF support is available throughout Hungary until 2025. The maximum aid amount is up to 350 million EUR in rural areas, with a maximum intensity of 55%, and up to 150 million EUR in Budapest, with a maximum intensity of 35%. Any aid exceeding these values can only be provided with prior approval from the European Union Commission. ...
