The Goodman-Auchan combined building, constructed by GSE Hungária Ltd. in Üllõ, just south of Budapest, has reached its highest point. The topping out ceremony was attended by the deputy foreign minister and the French ambassador.
The Goodman-Auchan combined building, constructed by GSE Hungária Ltd. in Üllõ, just south of Budapest, has reached its highest point. The topping out ceremony was attended by the deputy foreign minister and the French ambassador.
The Hungarian company Viastein is developing its Biharkeresztes plant in three phases, creating 180 new jobs, through a project of about EUR 29 million. The foundation stone was laid and the plant built in the first phase was delivered this Thursday.
In September 2017 and in the period January-September 2017, the volume of industrial sector output grew by 5.4% and 5.2% year-on-year, respectively. Since January 2010, the sector’s output has been up by more than 35%.
Bodrogi Bau Ltd. saw the opening of its doors and windows and insulation material production plant in Szeged, SE Hungary this Thursday. Nearly HUF 500 million of the total cost of over HUF one billion was financed from EU funding.
According to end of summer figures by the Central Statistical Office, the volume of construction output in Hungary was 36.8% higher in August 2017 than the low base a year earlier. construction output grew by 9.8% in August compared to the previous month.
Leier Hungaria Ltd., the Hungarian subsidiary of Austrian construction industry group Leier, is spending HUF 7 billion (EUR 23 million) on expanding its six Hungarian construction material plants, creating a hundred new jobs.
The volume of Hungary’s construction output grew by 3.2% month on month in February 2015, but the fall in orders data suggest that regardless of the strong start this year the floor will soon fall from under the sector, the business website portfolio.hu reports.
Home building seems to start taking off in Hungary, the latest release of the Central Statistical Office suggests. The trend which started in early 2014 continued and in the first nine months of the year 27% more new homes were built than in the same period of 2013.
Hungary bought a 12,000-square-meter plot suitable for the purposes of Budapest's new convention center from a subsidiary of TriGránit, investor Sándor Demján's real estate development company, news site Napi.hu reported.
Hungary-based TriGranit Management has established a new company in the United Arab Emirates, TGM Consultants (Dubai) FZ LLC, as part of its endeavour to actively pursue new property/facility management and leasing mandates.
A total of 4,077 new dwellings were built in Hungary in the first nine months of 2013, 37% fewer than a year ago, the Central Statistics Office (KSH) has reported. The number of dwellings put to use decreased in all regions, only the capital city saw a 3% rise.
Hungary-based real estate mammoth TriGránit Management Corporation (TGM) announced to have won the full Property Management mandate for South Sofia Ring Mall, a unique project housing various facilities, portfolio.hu reports.
Hungary's TriGránit Development Corporation and the People’s Government of Putian City, Fujian Province in Southeast China signed a Letter of Intent on development and construction of a large urban center and a leisure complex.
The long-lasting decrease in Hungary’s construction output also continued in July. The production volume the construction sector declined by 0.8% month on month in July, according to seasonally adjusted figures.
Orders figures in the Hungarian construction industry are greatly disappointing, with no signs of a revival in the sector any time soon. Still, the 0.1% month-on-month contraction is an improvement compared to the 4.3% decline in December.
