October 2008

Gov't Program to Support SMEs, Spur Growth

Hungary's Minister for National Development and Economy Gordon Bajnai on October 2nd 2008 announced a programme to help SMEs and spur growth.

 


Agri Energy Withdraws from Hungary Biofuel Market

Australia's Agri Energy is withdrawing from Hungary's biofuel industry because of rising feedstock prices, business daily Napi Gazdasag reported on October 3rd 2008.

 


Brussels Attaches Conditions To MAV Cargo Purchase

OBB will be allowed to buy Hungary's MAV Cargo under certain conditions only.


MVM, Matra Power Plant Set up JV to Build HUF 200 billion Block

The Hungarian Electricity Works (MVM) and Matra Power Plant unite for the purpose of building a new lignite-fueled plant.

 


Hungary to Call Tender for Taszar Airbase October 1

Hungary called for a tender for the sale of the Taszar airbase on October 1st 2008, Istvan Kolber, State Secretary in charge of tasks related to the airbase, said in Kaposvar on September 30th 2008.


Alba Airport to Cost HUF 20 billion-25 billion

An airport near Szekesfehervar is set to build by property developer Biggeorge's.


Economy Minister Signs Subsidy Contract with Stadler

Mr. Gordon Bajnai and Managing Director of the Stadler signed an agreement for a EUR 18.5 million.

 


Magyar Telekom to Spend HUF 40 billion on Network Expansion in 2009-2013

Magyar Telekom on September 23rd 2008 said it plans to spend HUF 40 billion (EUR 164.6 million) to expand its telecommunications network between 2009 and 2013.
 


Magyar Telekom to Spend HUF 40 billion on Network Expansion in 2009-2013

Magyar Telekom plans to spend HUF EUR 164.6 million to expand its telecommunications network between 2009 and 2013.


Belgium Buys 2 million AAUs from Hungary

Hungary has sold 2 million government carbon credits to Belgium, Hungarian government sources confirmed on September 29th 2008.

 


News Monitoring