235 result(s) for construction industry
EC Approves EUR 95 m For International Road Section Upgrade In Lake Balaton Area
- 9 Feb 2016 11:00 AM
- getting around
The European Commission on Monday approved the allocation of 95 million euros from the EU Cohesion Fund to upgrading an international road section in the northern region of Lake Balaton, in western Hungary, the EC said in a statement. The project covers a 27-kilometre section of main road number 8 between the cities of Székesfehérvár and Veszprém, it said. It is part of the TEN-T expressway and ...
Hungarian Govt To Issue New Decrees On Home Subsidies In February
- 22 Jan 2016 8:00 AM
- property
The government will issue two new decrees on Feb. 3 detailing the regulations of the new home purchase subsidy programme, the government office chief said at a regular press briefing. János Lázár said one of the decrees will rule on the purchase of existing homes while the other will cover subsidies for new-builds.
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
2015 Year Of Cultural Developments In Budapest
- 30 Dec 2015 8:00 AM
- community & culture
The government launched a number of cultural development projects over the course of the past year, culture state secretary Péter Hoppál told MTI in an interview. Hoppál noted that the government has allocated 14.5 billion forints (EUR 46.3m) to refurbish the Eiffel Hall, the old railway building in Budapest’s 10th district to serve as a base and storage facility for the soon to be renovated ...
Budapest’s Ugliest Building To Finally Go Under The Hammer
- 17 Jul 2015 12:30 PM
- property
A half-complete building looking over the River Danube in Budapest’s District II, which has been dubbed one of the capital’s greatest eyesores, is to finally go under the hammer after fifteen years. The building, originally constructed as a hotel for members of the Communist-era National Council of Trade Unions (SZOT) in 1971, was demolished in the early 1990s.
Hungary Welcomes Six Powers’ Nuclear Deal With Iran
- 15 Jul 2015 9:00 AM
- current affairs
Hungary welcomes the nuclear deal six major powers recently reached with Iran, Foreign Minister Péter Szijjártó told reporters in Budapest. Europe has a vested interest in stability in the Middle East, something inconceivable without balanced cooperation with Iran. Hungary resolutely supported the series of negotiations aimed at enabling Iran to return to the international community.
Hungarian Business Man Csányi Number One On Napi.hu’s Rich List
- 14 May 2015 9:00 AM
- community & culture
Sándor Csányi, owner of the agribusiness Bonafarm and chief of OTP Bank, has kept his top spot on Hungary’s rich list, business news website napi.hu reported. Csányi, whose assets now reach 165 billion forints (EUR 542m), up 15 billion from last year, has been at the top of the list since 2011. (Pictured on the right)
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
EC Approves EUR 95 m For International Road Section Upgrade In Lake Balaton Area
- 9 Feb 2016 11:00 AM
- getting around
The European Commission on Monday approved the allocation of 95 million euros from the EU Cohesion Fund to upgrading an international road section in the northern region of Lake Balaton, in western Hungary, the EC said in a statement. The project covers a 27-kilometre section of main road number 8 between the cities of Székesfehérvár and Veszprém, it said. It is part of the TEN-T expressway and ...
Hungarian Govt To Issue New Decrees On Home Subsidies In February
- 22 Jan 2016 8:00 AM
- property
The government will issue two new decrees on Feb. 3 detailing the regulations of the new home purchase subsidy programme, the government office chief said at a regular press briefing. János Lázár said one of the decrees will rule on the purchase of existing homes while the other will cover subsidies for new-builds.
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
2015 Year Of Cultural Developments In Budapest
- 30 Dec 2015 8:00 AM
- community & culture
The government launched a number of cultural development projects over the course of the past year, culture state secretary Péter Hoppál told MTI in an interview. Hoppál noted that the government has allocated 14.5 billion forints (EUR 46.3m) to refurbish the Eiffel Hall, the old railway building in Budapest’s 10th district to serve as a base and storage facility for the soon to be renovated ...
Budapest’s Ugliest Building To Finally Go Under The Hammer
- 17 Jul 2015 12:30 PM
- property
A half-complete building looking over the River Danube in Budapest’s District II, which has been dubbed one of the capital’s greatest eyesores, is to finally go under the hammer after fifteen years. The building, originally constructed as a hotel for members of the Communist-era National Council of Trade Unions (SZOT) in 1971, was demolished in the early 1990s.
Hungary Welcomes Six Powers’ Nuclear Deal With Iran
- 15 Jul 2015 9:00 AM
- current affairs
Hungary welcomes the nuclear deal six major powers recently reached with Iran, Foreign Minister Péter Szijjártó told reporters in Budapest. Europe has a vested interest in stability in the Middle East, something inconceivable without balanced cooperation with Iran. Hungary resolutely supported the series of negotiations aimed at enabling Iran to return to the international community.
Hungarian Business Man Csányi Number One On Napi.hu’s Rich List
- 14 May 2015 9:00 AM
- community & culture
Sándor Csányi, owner of the agribusiness Bonafarm and chief of OTP Bank, has kept his top spot on Hungary’s rich list, business news website napi.hu reported. Csányi, whose assets now reach 165 billion forints (EUR 542m), up 15 billion from last year, has been at the top of the list since 2011. (Pictured on the right)
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...


















