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 […]
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 […]
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 […]
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 […]
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 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 […]
