December 2009

The Development in Záhony Region Costs HUF 37.5 Billion

The complex economic development program aims at stimulating goods traffic between Asia and Europe.

HINT – Hungary: Invest, Network and Trade Issue 5 is in Distribution

ITD Hungary and Hamu és Gyémánt Publications is proud to announce that Issue 5 of the Hungarian economic and trade diplomacy has been published. Order you copy at!


International news sources report on Hungarian economy and business.

HUF 30 Billion Sewerage Expansion Underway in the Region of Nyíregyháza

The city of Nyíregyháza and several nearby towns are undertaking an almost HUF 30 billion sewerage expansion, financed in part from the European Union Development Fund, CEO of sewer operator Nyirségvíz István Móricz said on December 11.

Investments at Hungarian Printing Plants Draw Business from Abroad

Investments at printing plants in Hungary have raised the bar for the industry, which is drawing more business from abroad, business daily Világgazdaság reported on December 11.

Up to December 215 Schools Renewal Projects Have Already Begun

Up to December 2009, final decisions on funding were made in the case of more than 330 school renewal projects in seven development regions, under the National School Renewal Program.

Greenergy Inaugurates HUF 375 Million Biomass-Fuelled Co-Generation Power Plant in Baja

The Greenergy group inaugurated a HUF 375 million biomass-fuelled co-generation power plant in Baja (S Hungary) on December 9.

The Trade Balance Improved by HUF 150 Billion and Showed a Surplus of HUF 124 Billion

In October 2009, according to first estimates, exports amounted to HUF 1,535 billion (EUR 5,705 million), while the value of imports reached HUF 1,412 billion (EUR 5,241 million).

First Phase of the Győr Macro-Region Waste Management Major Project Completed

The first phase of the Győr Macro-regional waste management major project completed and was handed over on December 7.

E.ON Inaugurates HUF 35 Billion Gas Store in Hungary

The Hungarian unit of German utilities giant E.ON on December 1 inaugurated a HUF 35 billion gas store with capacity for 2.1 billion cubic meters, making it the biggest gas store in Central and Eastern Europe.

News Monitoring