The government is giving companies extra time to apply for central funding as part of a scheme to rescue plants that are under financial strain due to current economic conditions linked to the war in Ukraine, the minister of foreign affairs and trade has announced.
The application window for the scheme which supports investments that boost energy efficiency is being extended by four months, P茅ter Szijj谩rt贸 said. Fully 168 companies initially made requests for subsidies totalling 200 billion forints (EUR 488m) for 500 billion worth of investments. Another 214 companies began the registration procedure but were unable to complete it within the original timeframe. Szijj谩rt贸 said every company in Hungary and every job 鈥渋s important to us鈥�, adding that the 214 companies in question will be allowed to complete their applications 鈥� most of which are from the food and metal industries, as well as vehicle manufacturing and the chemical industry.
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