Green Revolution in the Construction-Industry

Masterplast, one of the biggest construction material industrial producer and distributor announced its five-year strategic plan, whereby it increases frontage thermo-insulation from its current 40 pct to 48 pct within its full product range.

Tibor Dávid, Masterplast’s CEO said that more and more property owners realize that energy use can be decreased by 25–3 pct with efficient insulation, which is why they increase this segment. Austria's TiSUN has announced it finished the installation of 1,500 square meters of solar panels in a refurbishment of Hungary's biggest housing block. The panels will provide hot water for the building's 3,000 residents. They were installed as a part of a larger investment to improve energy efficiency of the building, supported with a EUR 4.45 million subsidy from local and EU funding. Homeowners in the building paid 27 pct of the cost. Switzerland's Phoenix Mecano is spending almost HUF 1.2 billion to expand capacity at its base in Hungary to fill growing orders for solar energy systems. The investment will create a hundred new jobs at the base in Kecskemet.


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