Corso Invest builds commerce center in Pécs, Hungary

Sights

Spanish-Austrian real estate developer, Corso Invest Kft is to launch one of the largest private-funded investments initiated upon Pécs being named the 2010 European Capital of Culture, city officials said.

The Ft 10 billion budget (about $57 million) will cover building a 48,000 square meter multifunctional complex, to be completed by 2009. Corso Invest will raise the necessary funding partly from its own resources combined with loans. In another cultural project in Pécs, the municipality has published the design tenders for the Zsolnay cultural district of the city, said deputy mayor Tibor Gonda. The quarter will house 21 buildings serving diverse purposes, for an overall budget of Ft 10.9 billion, he said. (Napi Gazdaság)

ADVERTISEMENT

More Romanians at poverty risk since the COVID pandemic Analysis

More Romanians at poverty risk since the COVID pandemic

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.