In the Prime Minister’s annual speech, it was announced that the government’s key goal is to increase manufacturing capacities, and therefore, 2025 has been declared the „Year of 100 New Hungarian Factories”.
The Goal of the Initiative:
The initiative aims to strengthen Hungarian industry, create jobs, and further increase Hungary’s economic competitiveness. As part of this industrial development program, the government is offering various investment subsidies to assist companies in establishing new factories.
Key Points from Péter Szijjártó’s Announcement:
- Péter Szijjártó, Minister of Foreign Affairs and Trade, emphasized that the domestic investment incentive system is fully prepared to support the program. He expressed hope that the investment records of 2024 will be surpassed in 2025 as a result of this initiative.
Subsidy Programs:
Several subsidy programs will support the creation of the 100 new factories, offering opportunities to apply for funding for:
- New site creation, modifications, and expansions of existing sites.
- Investments in renewable energy production and storage.
- Purchasing equipment, machinery, and software necessary for production.
For detailed conditions and further information, you can access the links provided below:
🔗 https://ibsh.hu/nagyberuhazasok-ekd-tamogatasa/
🔗 https://ibsh.hu/eszkozbeszerzes-tamogatasa/
We will keep you updated on the details of the programme.
Don’t miss this opportunity, contact our colleagues on the contact details below:
