1,570 result(s) for projects
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...
Hungary Could Become AIIB Member In H2 2015
- 16 Apr 2015 9:00 AM
- current affairs
Hungary could become a member of the Asian Infrastructure Investment Bank (AIIB) in the second half of this year, Foreign Minister Péter Szijjártó said. Hungary will not be a founding member but has applied to be an ordinary member, he told MTI after the list of founding members was finalised.
Hungarian Opposition Demands Release Of EC’s Funding Report
- 16 Apr 2015 9:00 AM
- current affairs
Opposition parties LMP, Együtt and the Hungarian Liberal Party (MLP) demanded that the government should release the EC’s related report to the public without delay. Erzsébet Schmuck, a lawmaker for LMP, said the party had repeatedly stated concern of suspected corruption surrounding the public procurement system and the selection process of projects.
Two Winners For Hungary's New National Gallery
- 15 Apr 2015 9:00 AM
- property
The Japanese firm Sejima and Nishizawa and Associates (SANAA) and Norway’s Snöhetta have jointly won the first place in the international tender for the design of the planned new Hungarian National Gallery. The design for the museum will be selected following consultations with the designers, based on professional and financial considerations of the two bids.
Modern Cities To Ensure 1,200 Bn Forints For Urban Development
- 14 Apr 2015 9:00 AM
- getting around
The government’s Modern Cities programme will ensure a total of 1,200 billion forints (EUR 4bn) for Hungary’s largest cities, Prime Minister Viktor Orbán said in northern Hungary’s Eger, adding that the sum would be distributed on basis of locally made decisions. Orbán referred to an earlier practice of “experts in Budapest” deciding how to meet the needs of other cities, and said that that ...
Sherbiny Holdings Completes Engineering Centre Near Budapest
- 14 Apr 2015 9:00 AM
- business
Saudi Arabia’s Sherbiny Holdings has inaugurated an engineering service centre in Gödöllő, on the oustkirts of Budapest, completed through investment of close to 1 million dollars. The investment has created 50 jobs.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
EUR 160M In EU Support For Hungary’s Hospital Development
- 10 Apr 2015 9:00 AM
- health & wellness
The European Commission has approved more than 160 million euros in support for hospital development in Hungary. The EU regional development support from 2007-2013 budget allocations is for Hungarianfunded projects already started or completed, the commission said.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
EU Suspends Payment Of USD 2.6 Billion Of Development Funds To Hungary
- 16 Apr 2015 11:50 AM
- business
The European Union is suspending EU transfers to Hungary which are connected to the economic development operative programs. The projects at the source of the program have already been completed and their contractors have been paid. The suspension of funds affects roughly HUF 700 billion (USD 2.6 billion) in EU development funds. Hungary’s government estimates it will have to pay back around 10 ...
Hungary Could Become AIIB Member In H2 2015
- 16 Apr 2015 9:00 AM
- current affairs
Hungary could become a member of the Asian Infrastructure Investment Bank (AIIB) in the second half of this year, Foreign Minister Péter Szijjártó said. Hungary will not be a founding member but has applied to be an ordinary member, he told MTI after the list of founding members was finalised.
Hungarian Opposition Demands Release Of EC’s Funding Report
- 16 Apr 2015 9:00 AM
- current affairs
Opposition parties LMP, Együtt and the Hungarian Liberal Party (MLP) demanded that the government should release the EC’s related report to the public without delay. Erzsébet Schmuck, a lawmaker for LMP, said the party had repeatedly stated concern of suspected corruption surrounding the public procurement system and the selection process of projects.
Two Winners For Hungary's New National Gallery
- 15 Apr 2015 9:00 AM
- property
The Japanese firm Sejima and Nishizawa and Associates (SANAA) and Norway’s Snöhetta have jointly won the first place in the international tender for the design of the planned new Hungarian National Gallery. The design for the museum will be selected following consultations with the designers, based on professional and financial considerations of the two bids.
Modern Cities To Ensure 1,200 Bn Forints For Urban Development
- 14 Apr 2015 9:00 AM
- getting around
The government’s Modern Cities programme will ensure a total of 1,200 billion forints (EUR 4bn) for Hungary’s largest cities, Prime Minister Viktor Orbán said in northern Hungary’s Eger, adding that the sum would be distributed on basis of locally made decisions. Orbán referred to an earlier practice of “experts in Budapest” deciding how to meet the needs of other cities, and said that that ...
Sherbiny Holdings Completes Engineering Centre Near Budapest
- 14 Apr 2015 9:00 AM
- business
Saudi Arabia’s Sherbiny Holdings has inaugurated an engineering service centre in Gödöllő, on the oustkirts of Budapest, completed through investment of close to 1 million dollars. The investment has created 50 jobs.
Govt Promises Free Meals For Poorer Kids In Hungary
- 10 Apr 2015 9:00 AM
- current affairs
Hungary’s crèches and kindergartens will offer poorer children three meals a day free of charge from September on, János Lázár, the cabinet chief, said. Some 320,000 children will be eligible for the free meals while welloff parents will still be charged for their children’s meals. On another subject, Lázár said that the government’s job protection scheme will be extended to farm workers in the ...
EUR 160M In EU Support For Hungary’s Hospital Development
- 10 Apr 2015 9:00 AM
- health & wellness
The European Commission has approved more than 160 million euros in support for hospital development in Hungary. The EU regional development support from 2007-2013 budget allocations is for Hungarianfunded projects already started or completed, the commission said.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.















