International news sources report on Hungarian business and economy.

Environmentally Friendly Energy Development with the Help of EU Funding

The National Development Agency promises expedient and automatic assessment also in the case of EU tenders supporting the enhanced use of renewable energy sources, hence further simplifying tasks for applicants.

Green Power Plant Inaugurated by Hungarian-Japanese Investors

Hungarian and Japanese investors inaugurated a HUF 14 billion, 20MW biomass-fueled power plant in Szakoly (NE Hungary) on Thursday.

REVA Considering to Produce Electric Cars in Hungary

US-Indian joint venture REVA Electric Car Co. Ltd. (RECC) is considering building a new plant in the Hungarian city of Debrecen, local newswire Figyelo reports.

NuovaEnergia to Build a HUF 500 Million Logistics Center in Hungary

Hungarian-Italian NuovaEnergia plans to build a HUF 500 million (EUR 1.86 million) logistics center in Hungary.


International news on Hungarian business, finance and diplomacy.

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 to Cooperate with Czech Republic on ELI Bid

Hungary and the Czech Republic announced their intention to work together on the European Union's Extreme Light Infrastructure (ELI) project.

Elso Nogradi Eromu Plans HUF 30-40 Billion Power Plant

Elso Nogradi Eromu (ENE) expects a 49.9MW power plant it plans to build near Matraterenye (NE Hungary) to cost HUF 30-40 billion, CEO Tamas Farkas said at a press conference on July 16. Coal will account for 80 pct of the plant's fuel and biomass for the rest.

Hungary Signs Nabucco Intergovernment Agreement

On July 13 Prime Minister Mr Gordon Bajnai signed a 50-year intergovernmental agreement in Ankara, Turkey with leaders from other countries.

News Monitoring