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 […]
A project for the development of water infrastructure in the Tisza Valley is starting with HUF 5.6 billion non-refundable funding from the European Union and the Hungarian state; the project, expected to be completed by the end of November 2023, will contribute to increasing flood safety in the region. István Láng, Director-General of the National […]
Mahart Container Center (MCC), one of Hungary’s leading container terminal operators, has leased a new, 30,000 sqm operational area at the Hungarian capital's Ferenc Liszt International Airport from September, which the tenant is using for storing shipping containers, according to a statement by the airport management company Budapest Airport. The major advantage of the site […]
Biolab Diagnostic Laboratory Plc. was awarded HUF 502.48 million in EU grant in October under the Széchenyi Plan Plus program, which will help it move towards robot-driven manufacturing, the company told the state news agency MTI. The whole investment that will cost more than HUF one billion will see the construction of a production hall, […]
The establishment of the National Laboratory of Infectious Diseases will be implemented with HUF 3.3 billion non-refundable funding from European Union sources, with the University of Veterinary Medicine in Budapest leading the consortium, Széchenyi István University of Győr said in a statement on Tuesday. In addition to these two higher education institutions, the Eötvös Loránd […]
Promatech Célgépgyártó [‘Target Machine Production’] Ltd. is building a 3,800 square-meter hall at its Nagytarcsa site, just east of Budapest, with a greenfield investment of HUF 1.952 billion, the company told the state news agency MTI. As part of the investment, financed half and half by the company's own and EU funds, new automated metalworking […]
