The HIPA is expanding its support system

The support system of the National Investment Agency (HIPA) is extended with new elements from the beginning of next year. As a result the proportion of high value-added projects in Hungary – which may increase further – the president of the HIPA announced on Tuesday in Budapest at the premiere of a Swedish business publication.

Ésik Róbert said that the companies that will create new development centers will receive up to 25 percent of their eligible costs – such as wages, contribution type of expenses, depreciation of fixed assets – as non-refundable supports in cash. (MTI)