712 result(s) for construction project
Miskolc Northern Ring Road In Hungary To Be Completed By Late Spring 2015
- 14 Nov 2013 8:00 AM
- getting around
Minister of State for Infrastructure Pál Völner, Member of Parliament of the region Katalin Csöbör and Head of Communications of the National Infrastructure Development Co. Ltd. Dániel Loppert laid the foundation stone of the Miskolc Northern Ring on 13 November 2013. The 2x1 lane stretch of 5.8 km to be funded from the New Széchenyi Plan is to be ready for use by traffic in late spring 2015.
Gazprom Looks For Hungarian Storage Facility
- 13 Nov 2013 8:00 AM
- current affairs
Construction of the Hungarian leg of South Stream – which will carry Russian natural gas – may begin as early as next year – participants of a conference were told in Budapest a few days ago. A senior management member of Gazprom said his firm reckons with Hungarian underground gas storage facilities but only if Gazprom may become a co-owner in them.
“Get Home Safe!” Traffic Safety Programme For Motorways In Hungary
- 30 Oct 2013 8:00 AM
- getting around
The total value of the New Széchenyi Plan package of developments targeted at the prevention of road accidents causing personal injury is over HUF 55 billion. The investments to be implemented on the expressway system in the first round, from a budget of over HUF 13.5bn, may be completed by the end of next year. The project launching event of the State Motorway Management Co. Ltd. was held at the ...
Test Runs Without Passengers Start On Metro Line M4
- 24 Oct 2013 9:00 AM
- getting around
The construction project of metro line M4 has reached its final phase: the period of the so-called White Tests, i.e. test runs on the entire line with the trains without passengers. Until November 2013 Siemens, the manufacturer of the signalling system will carry out continuous testing then from December onwards the future operator, BKV will take over the testing process. Beginning in January ...
Laying Of Foundation Stone For National Instruments’ Science Park In Hungary
- 3 Oct 2013 9:00 AM
- current affairs
The foundation stone of a Science Park, valued at some HUF 4bn, was laid ceremonially at the Debrecen production site of National Instruments (NI) Hungary Ltd. As NI Hungary CEO László Ábrahám said, the company received funding of some 2 billion forints for the implementation of the 6000sqm Science Park project by winning a New Széchenyi Plan tender. At the facility, 300 people – mainly research ...
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Getaway From Budapest To Baku With Wizz Air
- 25 Sep 2013 9:00 AM
- specials
Set between Europe and Asia, Baku, the capital of energy-rich Azerbaijan, is enjoying an economic and architectural boom not unlike that of the oil rush a century ago. Three vast towers fashioned in tapering flames, a handful of new five-star hotels, a carpet museum designed to resemble a rolled-up rug, these are only some of the flagship projects currently being unfurled beside the Caspian Sea.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
New Urgency For Fourth Metro Line In Budapest
- 17 Sep 2013 9:00 AM
- getting around
The government plans to speed up bureaucratic procedures for construction of the fourth metro line in Budapest, according to a draft decree published on its website. If the project is not completed by December 31, 2014, then Ft 181 billion of EU subsidy will have to be repaid.
Miskolc Northern Ring Road In Hungary To Be Completed By Late Spring 2015
- 14 Nov 2013 8:00 AM
- getting around
Minister of State for Infrastructure Pál Völner, Member of Parliament of the region Katalin Csöbör and Head of Communications of the National Infrastructure Development Co. Ltd. Dániel Loppert laid the foundation stone of the Miskolc Northern Ring on 13 November 2013. The 2x1 lane stretch of 5.8 km to be funded from the New Széchenyi Plan is to be ready for use by traffic in late spring 2015.
Gazprom Looks For Hungarian Storage Facility
- 13 Nov 2013 8:00 AM
- current affairs
Construction of the Hungarian leg of South Stream – which will carry Russian natural gas – may begin as early as next year – participants of a conference were told in Budapest a few days ago. A senior management member of Gazprom said his firm reckons with Hungarian underground gas storage facilities but only if Gazprom may become a co-owner in them.
“Get Home Safe!” Traffic Safety Programme For Motorways In Hungary
- 30 Oct 2013 8:00 AM
- getting around
The total value of the New Széchenyi Plan package of developments targeted at the prevention of road accidents causing personal injury is over HUF 55 billion. The investments to be implemented on the expressway system in the first round, from a budget of over HUF 13.5bn, may be completed by the end of next year. The project launching event of the State Motorway Management Co. Ltd. was held at the ...
Test Runs Without Passengers Start On Metro Line M4
- 24 Oct 2013 9:00 AM
- getting around
The construction project of metro line M4 has reached its final phase: the period of the so-called White Tests, i.e. test runs on the entire line with the trains without passengers. Until November 2013 Siemens, the manufacturer of the signalling system will carry out continuous testing then from December onwards the future operator, BKV will take over the testing process. Beginning in January ...
Laying Of Foundation Stone For National Instruments’ Science Park In Hungary
- 3 Oct 2013 9:00 AM
- current affairs
The foundation stone of a Science Park, valued at some HUF 4bn, was laid ceremonially at the Debrecen production site of National Instruments (NI) Hungary Ltd. As NI Hungary CEO László Ábrahám said, the company received funding of some 2 billion forints for the implementation of the 6000sqm Science Park project by winning a New Széchenyi Plan tender. At the facility, 300 people – mainly research ...
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Getaway From Budapest To Baku With Wizz Air
- 25 Sep 2013 9:00 AM
- specials
Set between Europe and Asia, Baku, the capital of energy-rich Azerbaijan, is enjoying an economic and architectural boom not unlike that of the oil rush a century ago. Three vast towers fashioned in tapering flames, a handful of new five-star hotels, a carpet museum designed to resemble a rolled-up rug, these are only some of the flagship projects currently being unfurled beside the Caspian Sea.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
New Urgency For Fourth Metro Line In Budapest
- 17 Sep 2013 9:00 AM
- getting around
The government plans to speed up bureaucratic procedures for construction of the fourth metro line in Budapest, according to a draft decree published on its website. If the project is not completed by December 31, 2014, then Ft 181 billion of EU subsidy will have to be repaid.