This aid scheme is an amendment of the aid scheme SA.50393 in place since 2014 in Hungary. Other than fostering employment and investments in Central Hungary and in the less developed regions of the country, the scheme seeks to facilitate (i) new sustainable investments, (ii) the development of new technological solutions, and (iii) the support to exports and more competitive products. The aid is delivered through financial grants to firms of any size operating in any sector. The maximum aid intensity ranges from 25% to 50% in “a-areas” and from 20% to 35% in “c-areas”. The vast majority of the investment projects (61%) was aimed to increase production capacity of the beneficiaries, a sizable part (37%) strove to set up new establishments, whilst only a handful of the projects (2%) was products diversification or acquisitions.
