170 result(s) for road investment
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Updated: Budapest Taxi Drivers Stage Demo Against Uber
- 19 Jan 2016 8:02 AM
- getting around
Taxi drivers demonstrating against car dispatcher Uber in central Budapest closed a section of Andrássy Avenue and Bajcsy Zsilinszky Road, on Monday. The protesters completely blocked traffic in both directions of the two major routes but reopened one lane in each direction after the Budapest police warned them that a complete blockade was illegal.
HUF 1100 Billion To Be Spent On Hungarian Transport Development
- 6 Jan 2016 8:00 AM
- getting around
“2016 will see the beginning of 1100 billion forints (EUR 3.5bn) of investment in transport throughout Hungary, 670 billion (EUR 2.1bn) of which will already be spent in 2016”, László Tasó announced.
Budapest Intertwining Tram Network Completed
- 28 Dec 2015 8:00 AM
- getting around
The technical handover of the Buda intertwining tram network has been completed on December 23, 2015, for the planned deadline, so the intertwined tram traffic can start on January 16, 2016. Currently, smaller defects of the lines are being replaced and the tram drivers are being educated, and the test runs without passengers have started.
Airport At Lake Balaton, Hungary To Be Renovated For HUF 5bn
- 2 Dec 2015 10:00 AM
- travel
The Héviz-Sármellék airport at Lake Balaton will be renovated at a cost of 5 billion forints (EUR 16.1m), and will be connected to the M7 motorway by a new main road which will be built for an additional 4 billion forints, the daily Magyar Idők reported. The project is part of a plan of renewing the Balaton region to be carried out in the 2014- 2020 European Union funding period, Héviz mayor ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Ministry: China’s New Initiative In Line With Hungary’s Strategy
- 4 May 2015 5:00 AM
- current affairs
China’s One Belt, One Road initiative to establish a link between East Asia, the Middle East, Africa and Europe is in line with the Hungarian government’s eastern opening strategy, foreign ministry state secretary László Szabó said.
Hungarian Govt Seeks Alternative To M4 Motorway Project
- 27 Mar 2015 8:00 AM
- current affairs
As Brussels has rejected Hungary’s proposal to go ahead with a project to build the M4 motorway from Budapest in the direction of the Romanian border, the government is working on an alternative plan for a section of the route by creating a four-lane highway connecting Szolnok, in central Hungary, to the existing M5 motorway, cabinet chief János Lázár said.
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Updated: Budapest Taxi Drivers Stage Demo Against Uber
- 19 Jan 2016 8:02 AM
- getting around
Taxi drivers demonstrating against car dispatcher Uber in central Budapest closed a section of Andrássy Avenue and Bajcsy Zsilinszky Road, on Monday. The protesters completely blocked traffic in both directions of the two major routes but reopened one lane in each direction after the Budapest police warned them that a complete blockade was illegal.
HUF 1100 Billion To Be Spent On Hungarian Transport Development
- 6 Jan 2016 8:00 AM
- getting around
“2016 will see the beginning of 1100 billion forints (EUR 3.5bn) of investment in transport throughout Hungary, 670 billion (EUR 2.1bn) of which will already be spent in 2016”, László Tasó announced.
Budapest Intertwining Tram Network Completed
- 28 Dec 2015 8:00 AM
- getting around
The technical handover of the Buda intertwining tram network has been completed on December 23, 2015, for the planned deadline, so the intertwined tram traffic can start on January 16, 2016. Currently, smaller defects of the lines are being replaced and the tram drivers are being educated, and the test runs without passengers have started.
Airport At Lake Balaton, Hungary To Be Renovated For HUF 5bn
- 2 Dec 2015 10:00 AM
- travel
The Héviz-Sármellék airport at Lake Balaton will be renovated at a cost of 5 billion forints (EUR 16.1m), and will be connected to the M7 motorway by a new main road which will be built for an additional 4 billion forints, the daily Magyar Idők reported. The project is part of a plan of renewing the Balaton region to be carried out in the 2014- 2020 European Union funding period, Héviz mayor ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Ministry: China’s New Initiative In Line With Hungary’s Strategy
- 4 May 2015 5:00 AM
- current affairs
China’s One Belt, One Road initiative to establish a link between East Asia, the Middle East, Africa and Europe is in line with the Hungarian government’s eastern opening strategy, foreign ministry state secretary László Szabó said.
Hungarian Govt Seeks Alternative To M4 Motorway Project
- 27 Mar 2015 8:00 AM
- current affairs
As Brussels has rejected Hungary’s proposal to go ahead with a project to build the M4 motorway from Budapest in the direction of the Romanian border, the government is working on an alternative plan for a section of the route by creating a four-lane highway connecting Szolnok, in central Hungary, to the existing M5 motorway, cabinet chief János Lázár said.