Support for energy-intensive SMEs

The Energy Cost and Investment Support Program for SMEs launched by the Government of Hungary as of October 1 provides non-refundable subsidies to compensate up to 50% of energy costs increases or cover up to 15% of investment in energy efficiency. The eligible companies are energy-intensive SMEs with energy costs amounting to 3% of sales revenues. A total of HUF 75 billion will be allocated for the energy costs and HUF 25 billion for efficiency measures.

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