Mavir Invests HUF 60–70 Billion in Development and Renovation until 2015

Mavir, the Hungarian National Electricity supplier realizes a HUF 60–70 billion investment project on developing its electricity network and system management, which is part of a HUF 107 billion-program stretching until 2020.

Foreign Investors Were Net Sellers of Hungarian Securities in Q4, 2009

The National Bank of Hungary showed that foreign investors were the net sellers in every segment of the Hungarian securities markets in Q4 2009, except for HUF 13 billion net secondary market purchases of Hungarian government bonds issued abroad.

Goodman Group Starts Phase Two of Budapest European Distribution Logistics Center

Australian property developer Goodman Group told MTI it has started the second, HUF 2.5 billion phase of construction at the Üllő Airport Logistics Center on the outskirts of Budapest.

Construction of a Micro-Regional Outpatient Healthcare Center to Commence

A total of HUF 481 billion has been earmarked under the New Hungary Development Plan for healthcare developments over the 2007–2013-period.

General Information for Investors

ITD Hungary organizes a seminar and training on the changing of product price regulation in Eger on the 23rd of February.

Funespana to Invest EUR 40 million in Hungarian Funeral Services

Spanish funeral services company Funespana on February 1 said it plans to invest EUR 40 million in Hungary over the next ten years.

Renewed Healthcare Institutions in the North Great Plain Region

Three renewed healthcare institutions are about to be handed over in the North Great Plain region within the framework of the New Hungary Development Plan.

Opel Sticks to Its Szentgotthárd Plant

General Motors announced that it does not cease any workplaces in its Szentgotthárd plant.

General Information for Investors

ITD Hungary invites bids to develop a competitive investment promotion strategy for the Zahony, North East Hungary
with an intermodal logistics center.

HUF 500 Million Infrastructure Development at Industrial Park in South Hungary

A HUF 500 million (EUR 1.84 m) infrastructure-development project at the Mórahalom Industrial Park (S Hungary) is scheduled to be completed at the end of August, the town's mayor told the press on January 28.

News Monitoring