April 2009

Hungary Disburses HUF 219 Billion in New Hungary Development Plan Funding

Hungary's government has so far disbursed HUF 219 billion (EUR 743.25million) in European Union funding as part of its 2007-2013 New Hungary Development Plan, National Development Agency data released on April 3 shows.

NDA to Pay Penalty Interest to Beneficiaries from 1 April

The government and its body responsible for development policy, namely, the National Development Agency will do everything in their power for beneficiaries allocated funding to suffer the least possible damage on account of the financial market crisis.

Budapest Airport Issued a Two-Round Tender for the Development Of Budapest Airport Hotel

Budapest Airport has issued a two-round open tender for the development of Budapest Airport Hotel. 

Szent Imre Hospital to Be Renewed With the Help of EU Funding

The assistance contract for Phase II of the reconstruction of the hospital was signed on 1 April.

Call for Applications for Joint Cross-Border Developments Announced by Hungary and Croatia

The National Development Agency and the Ministry for Regional Development, Forestry and Water Management of the Republic of Croatia have announced a call for applications within the framework of the Hungary-Croatia IPA Cross-Border Cooperation Program 2007-2013.

Hungary’s Preliminary Financial Accounts Data: 2008 Q4

According to financial accounts data, general government net borrowing was 3.4 pct  of GDP in 2008.

One of the Biggest Baroque Palaces in the Country to be Renewed

Construction work of the Edelény Palace Island Cultural and Tourism Centre priority project may get underway.

Gust of Fresh Air for Komárom in Summer 2010

The bypass section of Highway 13 around Komárom will be completed next year.

PM Candidate Bajnai Says Sacrifices Must Be Made, But Not in Vain

Candidate for prime minister Mr Gordon Bajnai said at a news conference that Hungarians would have to make big sacrifices but they would not be made in vain.

Audi Starts Serial Production of New Sports Car Engine at Plant in Hungary

Audi AG has started the production of a novel engine known as TFSI. Besides TT and A3 cars Audi produces engines in the West Hungarian town, Gyor.

News Monitoring