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state subsidy

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Knapp Opens New Site in Hungary

D&T
Jul 20, 2021

Knapp, the manufacturer of warehouse logistics equipment, is setting up a new site in Nemesvámos. Within the framework of a development amounting to almost EUR 16.7 million by the end of March 2023, the company will transform a brownfield site creating 250 new jobs in 2022 followed by an additional 250 by 2027. Almost a […]

The Most Popular Used Electric Cars in Hungary

D&T
May 17, 2021

The price subsidy tender for environmentally friendly electric cars has been launched again this year, and large family buyers choosing seven-seater models can get a discount of up to HUF 5 million on the purchase price. All this is likely to further stimulate the growing interest in electric cars, according to search statistics at the […]

Nolato Hungary headquarters

Nolato to Increase its Production and Storage Area

D&T
Feb 13, 2021

With a development cost of EUR 21 million, Nolato Hungary Ltd. that manufactures hygienic and medical products, is to increase its production and storage area in this country by more than 150%. The Hungarian government is to cover about one fifth of the costs of development. While retaining existing jobs, the complex project that also […]

Subsidy for Electric Bicycles

D&T
Jan 4, 2021

A second round of call to receive support for the purchase of electric bicycles has started this Monday and lasts till Friday, January 8. The winners of the first stage receive a total of nearly HUF 110 million to purchase more than a thousand such vehicles. The Ministry of Innovation and Technology (ITM) announced a […]

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