ADVERTISEMENT

Developments in Záhony to be seen in 2-3 years

Deals

Sándor Kálnoki Kis, who was recently appointed by the Prime Minister to oversee the development of a special economic region around the Hungarian city of Záhony, near the border with Ukraine, expects to see noticeable improvements in the area's rail and road connections, logistics operations and workforce within 2-3 years.

Kis, whose mandate begins on January 1, 2007, spoke on Thursday at a meeting of officials and company leaders who will be affected by developments in the region. Development plans include the construction of a rapid rail line connecting Záhony with Budapest, as well as a better road connecting Zahony with the M3 motorway in nearby Nyíregyháza.

Trains carry an annual 6 million tons of freight through Záhony, up from 4.5 million tons at the start of the 90’s, but well under the 16 million tons before the fall of communism, Kis said. A further 1.5 million tons of goods travel by truck through the city each year. Almost all of the freight is packaged outside of Záhony. With the planned developments, Záhnoy could boost the level of freight it handles each year to 16 million tons again, and it could be the site where most of this freight is packaged, Kis said. (Mti-Eco)

ADVERTISEMENT

Hungary Inflation Rate at 21.5% in May Figures

Hungary Inflation Rate at 21.5% in May

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Industrial Production Declines in April Manufacturing

Industrial Production Declines in April

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov... History

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...

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.