The activities of the company, renamed National Infrastructure Development (NIF), will include all EU-funded road, railway and civil engineering projects, resulting in cost savings of Ft 150 billion – Ft 180 billion alone in 2007, Remenyik said.
NIF will carry out road and railway developments worth Ft 2,200-2,300 billion during the 2007-2013 EU budgetary period. EU funding could make up Ft 1,600 billion of this amount. The company will build or renovate 2,000-2,500 kilometers of road and railways. (Mti-Eco)
Producing journalism that is worthy of the name is a costly business. For over 30 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.
