The E.ON Hungária Group is building more than 120 kilometers of high-voltage transmission lines in the Transdanubian region as part of its Danube InGrid program, the company, which operates the electricity grids of the Danube region, Pest county and Budapest, told MTI on Monday. They stressed that the total value of the investment is HUF […]
The building construction general contractor Belotti Ltd. has built a factory hall and installed a new production line for the serial production of innovative products, mainly for the production of industrial floors in Szekszárd, south-central Hungary, the company told MTI. The HUF 320 million investment was implemented with 50% support from the Economic Development and […]
The electricity company E.ON Hungária is installing more than 165,000 new smart meters in its service area. The HUF 10.1 billion investment is being carried out under the EU's Recovery and Resilience Instrument (RRF) program, with the Hungarian government providing upfront funding. State Secretary in charge of the project, Attila Steiner stressed that the government […]
Goodwill Pharma Plc. is investing more than HUF 3.5 billion in capacity expansion in Szeged with EU support. The company, which manufactures and distributes dietary supplements and pharmaceuticals, has received HUF 1.766 billion in conditional reimbursable funding from the Hungarian Multi Program (MMP) of the Economic Development and Innovation Operational Program plus (Ginop plus). The […]
The European Commission says it has approved a EUR 2.36 billion (approximately HUF 880 billion) Hungarian scheme for accelerated investments in strategic sectors to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the […]
OMV Petrom, the largest integrated energy company in South-East Europe, has announced a project that will connect the region with a network of ultra-fast charging stations for electric cars along the Trans-European Transport Network (TEN-T), the company said in a statement. The project, which has received approval for a European funding contract with the European […]
The Hungarian University of Fine Arts (MKE) has won a non-refundable grant of HUF 804.93 million from the European Union for the development of a complex digital infrastructure. The long-term objective of the project, which is funded by the EU's Instrument for Recovery and Resilience, is to develop the infrastructure, organization, education, research and development […]
The renewed stations of metro line 3 at Lehel Square and Nagyvárad Square were inaugurated in Budapest on Monday morning and will be open to passengers in the early afternoon. The five-and-a-half-year reconstruction of the ‘blue’ metro line is now complete. Speaking at the opening of the last of the renovated stations at the final […]
Sole-Mizo Plc., Medifood Hungary Innovation Ltd. and the Hungarian University of Agriculture and Life Sciences have won a HUF 996.44 million non-refundable grant from the European Union for the development of milk protein-based food within the framework of the Széchenyi Plan Plus program, Sole-Mizo Plc. said in a statement. The consortium aims to develop a […]
Florin Plc., a manufacturer of disinfectants, cleaning agents and cosmetics products, is improving its logistics system and building a new automated warehouse with an investment of HUF 1.6 billion - with support from the European Union. Attila Barta, the company's CEO, said at the groundbreaking ceremony on Wednesday that half of the costs of the […]
Anthelos Ltd. has developed, with EU support, a new immunochemical technology, which helps to detect cancer and autoimmune diseases more precisely than before, in the framework of a project costing almost HUF 160 million. The company received a conditional non-reimbursable EU grant of HUF 111.46 million for the development. László Puskás, the head of the […]
In January, GKI’s economic sentiment index rose marginally, but for the third month in a row. According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, the overall improvement in the consumer confidence index during this quarter is still within the statistical margin of error and remains below […]
A community space has been created on the first floor of the Belvedere Palace in Szeged, SE Hungary, with support from the European Union, the Csongrád-Csanád County Municipality, has announced. According to the press release, the investment will enable the municipality to provide the population of the county with a worthy and accessible space for […]
