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Huge EU-Supported Pharmaceutical Investment in Szeged

D&T
Oct 6, 2023

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 […]

EU Approves Hungarian ‘Green Deal’ State Aid

D&T
Jul 28, 2023

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 […]

Ultra-Fast Charging Stations by OMV Petrom in Hungary

D&T
Jul 27, 2023

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 […]

EU Support for the University of Fine Arts

D&T
May 22, 2023

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 […]

Budapest M3 Underground Line Renovation Complete

D&T
May 22, 2023

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 […]

Milk Protein Based Food Development with EU Support

D&T
May 19, 2023

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 […]

New Automated Warehouse in Szeged with EU Support

D&T
May 17, 2023

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 […]

Immunochemical Technology Developed by Anthelos Ltd.

D&T
Feb 11, 2023

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 […]

Slight Rise in the Economic Sentiment Index

D&T
Jan 31, 2023

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 […]

Community Space Created with EU Support in Szeged

D&T
Jan 28, 2023

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 […]

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