The Novohrad-Nógrád European Grouping of Territorial Cooperation with Limited Liability was registered on 21.12.2011. The EGTC brings together the municipalities of Salgótarján and Fiľakovo along the Hungarian-Slovak border in the area of the Valley of river Zagyva but through its activities it covered th territory of the eponymous cross-border geopark. The operating area of the EGTC covers a total of 113,7 km2 (1619 km2 with the inclusion of the geopark) and has a population of 45 579 people. The seat of the EGTC is located in Salgótarján, Hungary.
The general objectives of the EGTC are to facilitate and support cross-border cooperation between its members in order to strengthen economic and social cohesion:
- reducing unemployment through economic recovery programmes;
- drawing up comprehensive plans to make access to funding more efficient;
- raising awareness of development programs in the region;
- promoting the sustainable development of the area.