Varga Mihály: the government supports the investments of food industry companies with 1.5 billion HUF

By: Trademagazin editor Date: 2021. 05. 11. 11:22

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Within the framework of the Economic Restart Action Plan, the government will contribute 1.5 billion HUF to the 2.6 billion HUF investment of three food companies from the still free resources of the Economic Development and Innovation Operational Program (Ginop) – Minister of Finance Varga Mihály announced at a press conference on Tuesday , In Budapest.

He stressed that in times of crisis, investment should not be restrained but encouraged, subsidies should not be withdrawn, but multiplied.
The government spent more than 4,000 billion HUF last year to support investments, this year 6,172 billion HUF and next year 7,308 billion HUF will be allocated for economic restart purposes, he explained. (MTI)