NGM: the SMEs have won 14.5 billion HUF grant

590 micro, small and medium-sized enterprises (SMEs) won a total of 14.5 billion HUF for the strengthening of competitiveness for the implementation of investments and for the development of research. The total value of the developments reached 28.5 billion HUF – Rákossy Balázs, Minister of State of the Ministry of National Economy (NGM) told MTI.

According to the information, 540 micro, small and medium-sized enterprises won 11.3 billion HUF to expand their capacity, so investments will be realized in a value of 23 billion HUF. From the support, the SMEs can acquire new tools, machinery, develop new technology systems, renewable energy sources, for the implementation of infrastructure and real estate investments and information technology developments. (MTI)