Articles by #hashtag


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EU-supported Development at Avarem Ltd.

May 16, 2023

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 Production Capacity Expanded

May 4, 2023

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. Expands Capacity with EU Support

May 2, 2023

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 […]

Passenger Center at Keleti Railway Station Modernized

Apr 25, 2023

The passenger center of Budapest's Keleti Railway Station has been renovated with HUF 1.9 billion, the project was financed by the government and the European Union, it was announced this Tuesday. The renovation of the 1,542-square-meter passenger center was aimed at bringing the capital's station up to modern standards for both passengers and staff. In […]

Prefabricated Housing Plant to be Built with EU Funding

Apr 20, 2023

The engineering office BUILD IT Mérnökiroda Ltd. will build a prefabricated housing production line and plant in Sóskút, SW of Budapest, with EU funding of HUF 1.556 billion, the company told MTI on Thursday. The company won the conditionally non-refundable grant from the Economic Development and Innovation Operational Program (Ginop) Plus. The total cost of […]

HUF 20 Bn to Renew Budapest's Drinking Water Network

Apr 12, 2023

The capital's drinking water network will be partially renewed with the help of HUF 20 billion forints of EU funding, Kata Türrő, the Deputy Mayor of Budapest, responsible for the city's management, announced on Wednesday. She is quoted by MTI as saying that this is the biggest investment in recent decades to improve the quality […]

Somapak Expands Capacity with EU Funding

Apr 8, 2023

The packaging technology machinery firm Somapak Csomagolástechnikai Gépgyártó Kft., based in Pécs, S Hungary, has built a production hall, acquired equipment and implemented IT developments with an investment of nearly HUF quarter of a billion. The Hungarian-owned company, which has been operating for more than 30 years and currently employs 54 people, manufactures and exports […]

Budapest Wins EUR 1.5 Mn to Support its Climate Goals

Mar 1, 2023

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 […]

Railway Safety Equipment Developed by PowerQuattro

Feb 11, 2023

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 […]

New Production Hall Built for Fábafém with EU Funding

Feb 10, 2023

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. Develops Diagnostic Technology in Szeged

Feb 4, 2023

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 […]

Science and Innovation Park with EU Funding in Pécs

Jan 27, 2023

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 […]

E.ON Hungária: HUF 74 Billion Network Development

Jan 26, 2023

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 […]

Health-Protecting Dairy Products by MATE and Fino Food

Jan 22, 2023

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 […]

EU Funding for Technology Modernization at Hídtechnika

Jan 17, 2023

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) […]

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