Budapest has won a grant of HUF one and half million (HUF 564 million) in the Climate Neutral and Smart Cities Mission, which will be used to establish the Budapest Climate Agency, the Mayor's Office announced on Wednesday. Budapest has been selected as one of the 53 cities from across 21 European Union and Horizon […]
PowerQuattro Plc. has developed a new railway safety device, which has received more than HUF 294 million in non-refundable EU funding for the project under the Széchenyi 2020 program, the company told MTI. The research and development project, which was carried out over a period of two and a half years, involved the development of […]
The new turning shop of Fábafém Ltd. in Mezőberény, SE Hungary, equipped with turning machines, has been completed with an investment of HUF 450 million. As MTI reports, Fábafém Ltd. in Békés county won almost HUF 314 million from the EU's Economic Development and Innovation Operational Program Plus (GINOP), which it supplemented with around HUF […]
Avidin Ltd., based in Szeged, SE Hungary, has expanded its diagnostic range with high-sensitivity solutions based on fluorescence technology with an investment of over HUF 305 million, half of which is funding from the European Union. Founded in 2002, Avidin Ltd.'s main goal is to identify new small molecules that can be the starting points […]
The establishment of a science and innovation park has begun at the University of Pécs (PTE) as part of a development project funded by the European Union with nearly HUF 4.5 billion, which will be completed this autumn, it was announced at a press conference in the Baranya County seat on Thursday. As one of […]
The E.ON Hungária Group is launching a HUF 74 billion network development project, half of which will be financed from its own resources and the other half from the EU's Recovery and Resilience Facility (RRF) program, pre-financed by the Hungarian government, the Group announced at a press conference in Budapest on Thursday. The Group's Deputy […]
A HUF 1.8 billion project, supported by EU funds, between the Kaposvár campus of the Hungarian Agricultural and Life Sciences University (MATE) and the dairy company Fino Food Ltd. will produce food products that will be available on store shelves next year, MATE informed MTI in a press release. Quoting the managing director of Fino-Food […]
Hídtechnika [Bridge Technology] Ltd. has won a non-refundable EU grant of HUF 204.18 million for technological modernization. The project aims to safeguard jobs, improve the company's productivity and expand its portfolio, the bridge renovation and construction company has announced. The total cost of the development, supported under the Economic Development and Innovation Operational Program (Ginop) […]
Amplio Automatika Ltd., a company engaged in automation and prototype development, which designs and manufactures target machines for automotive production lines, has implemented a HUF 632 million production capacity expansion in Székesfehérvár with the help of EU funding. The project, which was supported by the EU with HUF 284.68 million, is aimed at expanding production […]
Three municipalities in Bács-Kiskun County have won almost HUF one billion forints for three tourism developments from the European Union's Operational Program for Regional and Local Development (TOP) Plus. HUF 659 millions will be used to renovate the section of the cycle path between Deák Ferenc Street and the local spa in Kiskunmajsa. On the […]
In 2022, Budapest Airport, the management company of the Hungarian capital's Ferenc Liszt International Airport, applied for the European Union’s CEF 2 Transport - Alternative Fuels Infrastructure Facility funding program with its Net Zero Airport project, and a grant contract for the installation of 83 charging stations and 102 charging points was recently signed, the […]
AR-Robotics Ltd., situated in the western industrial park of Debrecen, is developing its technologies, competences and service quality with about HUF 677 million in support from the European Union, the company's press officer said in a statement. Balázs Farcádi said that the purpose of the investment realized from the received support is for the company […]
Sygnus Kereskedelmi Kft. [Trade Ltd.], a grain trading company, is expanding its loading capacity at its Paks port on the Danube with a HUF 300 million development, the company told the state news agency MTI. The HUF 343 million technological development will be implemented with the HUF 240 million support of the Economic Development and […]
The Liszt Academy of Music will launch a comprehensive IT development with the support of the EU Restoration Fund, with more than HUF 1.2 billion, the Liszt Academy of Music told the state news agency MTI. The Ferenc Liszt Academy of Music (Liszt Ferenc Zeneakadémia) has successfully applied for the call for proposals entitled "Infrastructure […]
In its second year of operation, the European Union Modernization Fund has disbursed a total of EUR 4.11 billion in support of 61 projects in eight beneficiary countries, including Hungary. Funded by revenues from the auction of emission allowances from the EU's Emissions Trading System, the Modernization Fund aims to support ten EU countries with […]
