EU Supports M3 Motorway construction

Drawing the highest possible ratio of EU funds is essential for implementing as many investments as possible in Hungary.

Guntner-Tata Was Awarded HUF 185 Million Development Grant

The Hungarian unit of German cooling systems maker Guntner was awarded a HUF 185 million state development grant.


International news sources report on Hungarian business and culture.

Rebirth of Public Squares in Pécs – Assistance Contracts Signed

Pécs will be enriched by renewed public squares, parks and the rebirth of an entire district through two projects to be implemented with the help of EU funding.

OBO Bettermann Lays Cornerstone of Expansion at Base Outside Budapest

Germany's OBO Bettermann laid the cornerstone of a HUF 5 billion expansion at its industrial cable and plastic parts base on the outskirts of Bugyi, near Budapest.

BILK Completes HUF 2 Billion Warehouse

A HUF 2 billion, 15,000-square-meter warehouse has been completed at the Budapest Intermodal Logistics Center (BILK), BILK CEO Miklos Marjan said on July 30.

Further Developments to Begin in the Záhony Region

Construction work in the industrial-logistics area in  Szabolcs-Szatmár-Bereg County will begin as soon as public procurement procedures are carried out.

Main Square in Győr to be Renewed with the Help of EU Funding

The main square in Győr will be renewed by next summer with the help of EU funding amounting to nearly HUF 900 million.

Spanish Company to Build Largest Wind Farm in Hungary

Spanish wind-power company Iberdrola Renovables has decided to build 62 wind turbines on its wind farm located near Kisigmand (NW  Hungary), the daily 24 Ora said on 27 July.

Hungary Construction Output Drops 10.4 pct yr/yr in May

The output of Hungary's construction sector dropped 10.4 pct in May from the same month a year earlier according to both unadjusted and workday-adjusted figures, the Central Statistics Office (KSH) said on 17 July.

News Monitoring