The Novohrad-Nógrád Geopark, in the border region between Hungary and Slovakia, has won EUR 3,951,000 in funding from the European Union's INTERREG program for supporting territorial cooperation, the managing director of the Nógrád Development Agency, Lilla Körmendy told MTI on Monday. She said the proposed UNESCO site, the Novohrad-Nógrád Geopark and its surrounding area, is […]
Magyar Telekom has won tenders in a program to undertake gigabit network investments in 16 counties with around HUF 20.3 billion in European Union funding, the company said on Monday. Using these non-repayable EU funds, a fiber-optic cable system providing state-of-the-art internet and TV services will reach an additional 118,000 locations. The planning and permitting […]
SeaCon Europe is investing HUF 244 million in a project to develop a digital product passport platform that would track the production and processing processes of food products. The project has received HUF 149 million of European Union and government funding, and will help producers gather scattered information to reduce losses and help find the […]
The National Bank of Hungary (MNB) says it remains committed to actively participating in international cooperation initiatives that support the European integration of institutions in the Western Balkans in the long term. An MNB statement says the third phase of the European Union (EU) -funded technical assistance program, entitled 'Strengthening the Central Bank Capacities in […]
Hungary's National Laboratory for Autonomous Systems (NLAS) announced on Tuesday the completion of a four-year research and development program supported by HUF 6.2 billion in European Union funding. The program to investigate the safe and sustainable operation of autonomous vehicles, robots and drones, produced 13 domestic patents and trademarks, four international patents and three spin-offs. […]
The Budapest Transport Center (BKK) has submitted a bid to the European Union to finance to its plans to replace trees and renew public spaces along the city's Grand Boulevard, BKK said on Tuesday. The metropolitan project aims to increase the number of trees, add more green surfaces and provide more room for pedestrians, BKK […]
The cornerstone was laid for a HUF 800m expansion of an industrial park in Bonyhád (SW Hungary) this Wednesday. The businesses operating in the Völgység (Valley) Industrial Park employ over a thousand people and plan to expand their businesses, In the Völgység Industrial Park, infrastructure developments are being carried out with the support of HUF […]
Trimetrik Ltd., a manufacturer of injection-moulded plastic parts for railway and road vehicles, has built its central production plant in Székesfehérvár with a budget of more than HUF 2 billion, the Székesfehérvár municipality told MTI. The more than 6,000-square-meter plant was built in the Alba Industrial Zone thanks to the Hungarian Multi Program with the […]
H-Vend Service Ltd., based in Szeged, SE Hungary, has developed, with EU support, beverage and food vending machines using digital technology, which can be managed remotely and controlled without touching, the firm's managing director and owner, Gábor Haska said on Friday. At a press conference presenting the project, he said that H-Vend Service Ltd., founded […]
An electricity storage system is being installed at the Várpalota site of aluminium semi-finished products manufacturer Inotal Plc. The HUF 3 billion investment, which will be financed with HUF 1.35 billion from EU funds and HUF 1.65 billion from the company's own resources, is expected to be completed by autumn this year, the plant's director, […]
Hungary's Goodwill Pharma Plc. has expanded its warehouse capacity, built a research and development and innovation laboratory, a new head office and a pharmaceutical manufacturing plant in Szeged, Hungary, the almost HUF 5 billion investment was handed over on Thursday. Ferenc Jójárt, CEO of the Szeged-based company, said at the ceremony that Goodwill Pharma is […]
MVM Mobiliti handed over its first charging station with a total capacity of 600 kilowatts in Törökbálint, just west of Budapest. The station was implemented with support from the European Union. The development was implemented in the MVM Ultra project, with funds supported by CINEA (European Climate Policy, Environmental Protection and Infrastructure Executive Agency) of […]
With the help of EU funding, Avarem Ltd. has acquired a line of machines enabling the recycling of LED-based waste at its site in Mezőkovácsháza, Békés county. Managing director Csaba Nyist told MTI that the company won HUF 53.86 million from the Economic Development and Innovation Operational Program (Ginop) Plus, with a 70% subsidy intensity. […]
CE Glass Plc. has expanded its thermal insulating glass production capacity at its plant in Szatymaz, on the outskirts of Szeged, SE Hungary, with EU support, and thanks to the development, the energy consumption per product and the reject rate have been reduced, the company informed MTI. According to the statement, HUF 400 million of […]
Grape-Vine Ltd. has expanded its capacity at its site in Kiskunmajsa, SE Hungary with a new storage hall and the purchase of wine processing equipment with a total of HUF 769 million in European Union funding, the company's managers told MTI. Róbert Szőke-Tóth, one of the managing directors of Grape-Vine Ltd., said that the investment […]
