Mihály Varga: 31 billion forint investment to be made by 1,300 Hungarian businesses

English2020. dec. 13.Növekedés.hu

In Budapest and Pest County 1,300 Hungarian businesses can launch investment projects worth 31 billion forints, which will help protect 37 thousand jobs, the Minister of Finance said.

Mihály Varga said in a video uploaded to Facebook that the applications to the Competitive Central Hungary Operational Programme were evaluated, and businesses can spend the awarded funds on purchasing new machines, improving their IT system or even on training their employees.

As part of the economy protection action plan, the programme launched in the summer was completed in a simplified fast-track procedure, so by now the applications have been submitted, evaluated and 1,300 winner companies have been selected, the minister said.