Genius Network Launched from EU Funding

Hungary’s biggest ever talent support initiative called the Hungarian Genius Integrated Talent Support Program, a priority project implemented within the framework of New Hungary Development Plan (NHDP) has just been launched.

EU Helps Building a New Pier at Budapest Airport

The EU will provide EUR 7.56 million for the construction of a pier for combined Schengen and non-Schengen operations and seamless passenger transfer at Budapest Airport.

Genesis Energy Launches Solar Panel Project in Spain

Genesis Energy is about to choose a company in Spain to build its solar plants.

Palinka Distiller Zsindelyes Inaugurates HUF 230 Million EU-supported Expansion

Zsindelyes Palinkafozde, a distiller of palinka, the Hungarian fruit brandy, inaugurated a HUF 230m, EU-supported expansion at its base in Erpatak (NE Hungary) on October 16.

Hospital Development in Central Hungary

Thanks to funding amounting to HUF 9.6 billion provided by the New Hungary Development Plan, the Jávorszky Ödön Hospital in Vác will be renewed by the end of 2010.

CPI: -0.1 pct m/m, +4.9pct y/y in September

In September 2009 consumer prices decreased by 0.1pct on the previous month and rose by 4.9pct on September 2008.

Micro-Regional Clinic to Be Set Up in Gönc - NFU

A micro-regional clinic will be constructed in Gönc with the help of EU funding amounting to over HUF 950 million.

EBRD Ready to Lend to MAV if Company Undergoes Restructuring – Paper

The European Bank for Reconstruction and Development (EBRD) could ensure financing for the state-owned Hungarian railway company MAV under certain conditions.

Hungary Wins Joint Bid to Host HUF 100 Billion EU Superlaser Project (MTI-ECONEWS)

Hungary, the Czech Republic and Romania have won a joint bid for the European Union's Extreme Light Infrastructure (ELI) project.

Construction of Two Reservoirs to Commence Within the Framework of the Vásárhelyi Plan

Mr Imre Szabó, Minister for Environmental Protection and Water laid the foundation stones of the Nagykunság and Hanyi-Tiszasüly spillway reservoirs on September 24.

News Monitoring