Hungary Could Join GRI Project Company

Hungary could become a shareholder in a project company to be established for the Azerbaijan-Georgia-Romanian Interconnector (AGRI).

Fifth Iberdrola Plant Commissioned in Hungary

Spanish wind energy giant Iberdrola Renovables has commissioned its second wind farm in North Western Hungary, bringing the company’s total wind energy capacity operated in the country to 88 megawatts.

Hungarian Energy Giant Test Drill is Promising

The results of further testing of the Butmah (1783 to 1814m) section of the Jurassic on its Shaikan-1 discovery well have been announced by MOL.


International news sources report on Hungarian business, energy and economy.

Advanced Power to Build EUR 600 Million Power Plant in Szeged

Switzerland's Advanced Power plans to build a EUR 600 million 880MW combined-cycle power plant in the Hungarian city of Szeged, project manager Adrian Bobula said on Wednesday.

MOL Group’s EBITDA Increased by 30pct in Q1 2010

MOL Group’s EBITDA, excluding special items, increased by 30pct to HUF 130.4 billion in Q1 2010 compared to Q4 2009.

RFV to Make EUR 25 Million Investment in Romania

Hungarian energy-efficiency company RFV will implement an investment of at least EUR 25 million in Zalau (NW Romania) to modernize the city's district-heating system, RFV CEO Ákos Kassai announced on May 18.

Major Players Agree to Join HUPX, Hungarian Power Exchange

HUPX and its partners – the EPEX Spot and the European Commodity Clearing AG (ECC) – are about to launch the organized Hungarian electricity market in July.


International news sources report on Hungarian business and culture.

Gov't, PM Pass Resolutions for First Phase of EU Super Laser Project

The government and the prime minister have both passed a resolution on the measures and tasks necessary to implement of phase one of the European Union's Extreme Light Infrastructure (ELI).

News Monitoring