EUR 30 mln in EU funding for transport projects in Hungary

City

wikimedia commons

Three transport development projects supported by the Hungarian Gas Transport Cluster Association (MGKKE) and the Hungarian government will receive almost EUR 30 million from the European Unionʼs Connecting Europe Facility (CEF), the MGKKE told Hungarian news agency MTI on Wednesday.

The project will focus on constructing six filling stations for road vehicles powered by liquefied natural gas (LNG) and compressed natural gas (CNG), according to MTI. There will also be one filling station serving shipping on the river Danube. 

The funding will also create the opportunity to set up 39 CNG filling stations using a service model based on a new Hungarian innovative product dubbed Clean Fuel Box, according to MTI.

Despite the new EU funding announcement, the Hungarian government continues with its “national consultation” with the slogan “Let’s stop Brussels!”

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.