The amount of subsidies from the Széchenyi Card Program reached 100 billion forints

The ministry stated that Hungary’s resources should not be in Ukraine, but with Hungarian families and domestic businesses! Despite pressure from Brussels, the government is doing everything it can to increase the productivity of Hungarian small and medium-sized enterprises, facilitate their growth and support their investments.

Thanks to the close, constructive cooperation between the Ministry of National Economy, KAVOSZ Zrt. and the actors of the Hungarian banking sector, the amount of payments for management costs, interest and fee subsidies related to the Széchenyi Card reached 100 billion forints. Domestic enterprises received this amount of support this year in order to access financing that meets their needs

– they wrote.

The statement quoted the words of Richárd Szabados, State Secretary for the Development of Small and Medium-sized Enterprises and Technology at the Ministry of National Economy, who emphasized: this result is a significant confirmation that joint, coordinated efforts effectively support the competitiveness of domestic small and medium-sized enterprises. Targeted support sources stimulate investments while contributing to the promotion of sustainable economic growth.

The government’s goal is for Hungarian SMEs to be competitive both domestically and internationally. Therefore, it continues to support the implementation of investments by domestic SMEs by developing the most suitable structures for businesses, thereby facilitating their productivity increase and their scale leap – emphasized the NGM.