Hungarian Investment Promotion Agency

In line with the approval of the European Commission on May 6, 2021, a new Subsidy to Improve Competitiveness has been introduced by the Ministry for Foreign Affairs and Trade, with HIPA Nonprofit Ltd as the managing body. The new incentive program is available ...

2021. 05. 08.

The Hungarian government and Siemens Energy Kft., the energy company of the German industrial conglomerate Siemens, has entered into a strategic cooperation agreement. The agreement was signed on behalf of the government by Péter Szijjártó, Minister of Foreign A...

2021. 02. 11.

With an investment of over EUR 20.1 million, Hilti Szerszám Kft. will engage in new activities at its site including the production of manual power tools and the establishment of a logistical system. The company's project is creating 73 new jobs.

2021. 02. 02.

Falco Zrt. invests EUR 25 million to develop numerous production areas at their premise in Szombathely. The development project will conclude in 2024 and it helps in retaining 302 jobs.

2021. 02. 01.

2020 was also a special year for the Hungarian Investment Promotion Agency (HIPA). Although operations were still normal at the beginning of the year, the pandemic that started in the spring brought about unprecedented challenges for both investors and the count...

2021. 01. 25.

In line with the approval of the European Commission on June 23, 2020, a new compensation scheme has been introduced by the Ministry for Foreign Affairs and Trade, which was managed by the Hungarian Investment Promotion Agency (HIPA). The new scheme was availa...

2021. 01. 13.

Bock Hungária Kft. and the Government of Hungary have signed a strategic partnership agreement, and in the frame of a new project, production and storage capacities will also be expanded at the premises of the company. The project at Nemesvámos primarily aims ...

2020. 12. 15.

We would like to inform you that the Call for Proposal (id. no. VNT-2020-1) on Subsidy to improve competitiveness will be suspended from 12:15 (CET), 25 November 2020 until different decision of the Donor, and requests may not be submitted afterwards.

2020. 11. 25.

The Hungarian Government has decided to support the businesses affected by the coronavirus pandemic by allocating more than HUF 221 billion to this subsidy scheme. The subsidy has been designed to support companies with an investment plan of at least EUR 150,0...

2020. 11. 23.