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Database of national-level policy measures

Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure HU-2022-40/2961 Updated – measures in Hungary

Energy cost and investment subsidy programme for manufacturing SMEs

Feldolgozóipari KKV energiaköltség és beruházás támogatási program

Country Hungary , applies nationwide
Time period Temporary, 01 October 2022 – 31 December 2025
Context War in Ukraine, Green Transition, Restructuring Support Instruments
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial)
Author Nóra Krokovay (KOPINT-Tárki) and Eurofound
Measure added 26 October 2022 (updated 27 February 2023)

Background information

The Russian-Ukrainian war and the resulting economic sanctions and countermeasures have led to an explosion of energy prices. This jeopardises the viability and competitiveness of energy-intensive manufacturing enterprises and also the jobs at those enterprises. As a response, the government offers a non-refundable subsidy for the affected small and medium enterprises (SMEs) to ensure their continuing operation and to help them retain the existing workforce. As laid out in government resolution 1477/2022, the subsidy is primarily given to cover a part of the energy cost increase. Furthermore, the enterprises can apply for additional subsidy to support energy-efficiency enhancing investments.

Content of measure

The first leg of the programme covers an expected energy cost increase for October, November and December 2022. The second leg is a capital subsidy to co-finance a credit-supported energy efficiency investment. Only beneficiaries of the first leg can apply for the second one.

SMEs whose main activity is manufacturing are eligible. The firm’s annual energy cost cannot be below 3% of its annual net sales turnover in 2021. Beneficiaries must implement an energy efficiency investment by the end of 2024, even if they are only in the first leg of the programme. They also cannot reduce their current workforce by more than 10% until September 2023. The aid intensity is 50% for the first leg, that is, the subsidy amounts to 50% of the total increase of energy costs in the three months. Regarding the second leg, the subsidy cannot exceed 15% of the total net cost of the energy-efficiency investment.

The maximum amount of the subsidy is €500,000 – or €200,000 if requested as de minimis subsidy. The total amount allocated is roughly €240 million for the last quarter of 2022 and the same for the second round in the first quarter of 2023.


The following updates to this measure have been made after it came into effect.

14 February 2023

In February 2023, government resolution 1477/2022 has been updated to include a new target group, companies in the tourism and accommodation sector, and it has extended the programme until December 2025 (from 31 March 2023). The budget for the programme was set at HUF 100 billion (€263 million).

Use of measure

The instrument is new, even the registration period has only begun. The applicants can submit their application for support until 26 December 2022. Therefore, it is not known yet how many SMEs will become beneficiaries under the scheme. Based on the sum allocated and the maximum amount per case, the number of beneficiary SMEs will surpass 480 and may reach a couple of thousand. This suggests that less than 5% of the active manufacturing SMEs may become a beneficiary of the programme

Target groups

Workers Businesses Citizens
Does not apply to workers Sector specific set of companies
Does not apply to citizens

Actors and funding

Actors Funding
National government
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement No involvement
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: N/A


No involvement by social partners has been reported.

Views and reactions


Sectors and occupations

    • Economic area Sector (NACE level 2)
      C - Manufacturing C10 Manufacture of food products
      C11 Manufacture of beverages
      C12 Manufacture of tobacco products
      C13 Manufacture of textiles
      C14 Manufacture of wearing apparel
      C15 Manufacture of leather and related products
      C16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
      C17 Manufacture of paper and paper products
      C18 Printing and reproduction of recorded media
      C19 Manufacture of coke and refined petroleum products
      C20 Manufacture of chemicals and chemical products
      C21 Manufacture of basic pharmaceutical products and pharmaceutical preparations
      C22 Manufacture of rubber and plastic products
      C23 Manufacture of other non-metallic mineral products
      C24 Manufacture of basic metals
      C25 Manufacture of fabricated metal products, except machinery and equipment
      C26 Manufacture of computer, electronic and optical products
      C27 Manufacture of electrical equipment
      C28 Manufacture of machinery and equipment n.e.c.
      C29 Manufacture of motor vehicles, trailers and semi-trailers

This case is not occupation-specific.


  • 06 October 2022: government supports the manufacturing SMEs with HUF 200 billion (A kormány 200 milliárd forinttal támogatja a feldolgozóipari kkv-kat (
  • 06 October 2022: Government resolution 1477/2022 on the support to energy intensive enterprise (
  • 10 October 2022: Energy cost and investment subsidy programme for manufacturing SMEs: FAQ (Feldolgozóipari KKV Energiaköltség és Beruházás Támogatási Program 2022 GyIK (
  • 19 October 2022: Starting date of registration revealed (Kiderült, mikor indul a regisztráció az energiatámogatási programra (
  • 24 October 2022: Energy cost and investment subsidy programme for manufacturing SMEs (Feldolgozóipari KKV Energiaköltség és Beruházás Támogatási Program) (
  • 14 February 2023: Govt resolution 1477/2022 updated (


Eurofound (2022), Energy cost and investment subsidy programme for manufacturing SMEs, measure HU-2022-40/2961 (measures in Hungary), EU PolicyWatch, Dublin,


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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.