System Consulting to participate in construction of Russian power plant network

Automotive

Hungarian energy company System Consulting has decided to participate in the construction of a €70-300 million network of power plants in Russia’s Sverdlovsk Oblast, the Hungarian consul in Yekaterinburg said after meeting with the head of the local government on Wednesday, Russian news agency ITAR-TASSZ reported.

System Consulting, which is headed by Hungary’s former industry minister László Kapolyi, earlier signed a declaration of intent on building a 50MW power plant with Sverdlovsk-based Prizma. Kapolyi declined to comment on the matter when asked by MTI.

Trade between Hungary and Sverdlovsk came to about $200 million last year. (MTI-Econews)

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

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.