The Government launched the Factory Rescue Program by HIPA in November 2022 to provide large companies with up to EUR 15 million non-refundable aid for energy efficiency and energy production investments in return for a 90% of base staff retention commitment.
As the HUF 150 billion funding was exhausted in 15 minutes, a new Factory Rescue Loan and Guarantee Program has been launched with HUF 100 + 100 billion budget for mid-to-large companies with similar scope by MFB and Exim. It is to be launced by 1 January, 2023.
We, at DevEco Consulting have set out to assist companies to develop in a sustainable way. Should you have missed the registration to the Factory Rescue Program, you still have the chance to participate in the Factory Rescue Loan and Guarantee Program. We are ready to assist your company with both endeavors.
For a two-page downloadable summary and even more information about both programs (in Hungarian) click on the button below.
— The DevEco Consulting Team
#energyefficiency #renewableenergy #factoryrescue #DevEco
(photo: hipa.hu)