European Foundation
for the Improvement of
Living and Working Conditions

The tripartite EU agency providing knowledge to assist
in the development of better social, employment and
work-related policies

EU PolicyWatch

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-2022-52/3241 – measures in Hungary

Energy subsidy programme for energy-intensive SMEs

Energiaintenzív KKV-k energiaköltség és beruházás támogatási programj

Country Hungary , applies nationwide
Time period Temporary, 23 December 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 20 June 2023 (updated 11 July 2023)

Background information

The war in Ukraine and the resulting economic countermeasures have led to an explosion of energy prices. This jeopardises the viability and competitiveness of energy-intensive manufacturing enterprises.

In response, the government is offering non-refundable subsidies for the affected SMEs to ensure they continue operating and can retain their existing workforce. As laid out in government resolution 1477/2022, the subsidy is primarily provided to cover part of increased energy costs. Furthermore, the enterprises can apply for an additional subsidy to support energy-efficiency enhancing investments.

The programme was originally targeted at manufacturing companies only (See case Energy cost and investment subsidy programme for manufacturing SMEs . It was later broadened to include companies operating in tourism and catering and extended the period of the programme until December 2025. Firms could apply for compensation for the energy cost increase experienced in January, February and March 2023.

Content of measure

The programme includes a capital subsidy to co-finance a credit-supported energy efficiency investment. Eligible SMEs must:

  • be primarily involved in manufacturing, tourism or catering
  • have an annual energy cost above below 2% of its annual net sales turnover in 2021
  • implement an energy efficiency investment by the end of 2024
  • not reduce their current workforce by more than 10% until September 2023

The first part of the subsidy amounts to 50% of the total increase of energy costs in the three months. The second part of 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 first quarter of 2023.

Use of measure

Based on a list of subsidies disbursed by 16 June 2023, the total number of beneficiaries was 661. This number includes 609 beneficiaries from the manufacturing sector (See case Energy cost and investment subsidy programme for manufacturing SMEs , and 52 companies operating in the tourism/catering sector.

Target groups

Workers Businesses Citizens
Does not apply to workers SMEs
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 Informed Consulted
Form Not applicable Any other form of consultation, institutionalised (as stable working groups or committees) or informal

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

  • Only employers' organisations
  • Main level of involvement: Peak or cross-sectoral level


The government held meetings with employer organisations when preparing changes to a preceding subsidy programme in manufacturing only, at the end of 2022. In January 2023, it formally set up a consultation forum called Consultation Forum for Economic Chambers and employers, with VOSZ, the Confederation of Hungarian Employers and Industrialists MGYOSZ, Construction industry EO ÉVOSZ, the Hungarian Chamber of Commerce MKIK and the German and US Chambers of Commerce as members. The forum discussed the subsidy programme and proposals were heard and incorporated, reported.

The Business Development Council (Vállalkozásfejlesztési Tanács), of which the LIGA Trade Union is a member, addressed the programme and a draft was presented for comments.

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.


  • 28 September 2022: VOSZ proposals on the energy crisis (
  • 21 November 2022: Ministry: Energy intensive SME subsidy extended (
  • 31 January 2023: New forum to consult on economic policy
  • 14 February 2023: Govt resolution 1477/2022 updated (
  • 02 June 2023: List of SMEs supported in energy intensive subsidy (


Eurofound (2023), Energy subsidy programme for energy-intensive SMEs, measure HU-2022-52/3241 (measures in Hungary), EU PolicyWatch, Dublin,


Eurofound publications based on EU PolicyWatch

30 January 2023


Measures to lessen the impact of the inflation and energy crisis on citizens

Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.


12 September 2022


First responses to cushion the impact of inflation on citizens

Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.


12 September 2022


Policies to support EU companies affected by the war in Ukraine

This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.


5 July 2022


Policies to support refugees from Ukraine

This article summarises the first policy responses of EU Member States, including those of the social partners and other civil society actors, enabling refugees to exercise their rights under the Temporary Protection Directive.


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