ECE launches €80 mln expansion, renovation of Árkád shopping center


ECE Projektmenedzsment Budapest on Tuesday laid the cornerstone of an expansion that will make the capital's Árkád shopping center the biggest in the country.

ECE is spending €80 million to build "Árkád 2", with 20,000sqm of retail space, as well as renovate "Árkád 1", which opened ten years ago. The shopping center will have combined retail space of 68,000sqm when completed.

ECE is paying for the investment with its own resources as well as loans from Unicredit Bank Austria and DG Hypo Bank.


Orlen Enters Hungarian market Energy Trade

Orlen Enters Hungarian market

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Mahart Container Center Depot Opening at Budapest Airport Transport

Mahart Container Center Depot Opening at Budapest Airport

MTÜ Launches Int'l Campaign for Hungarian Spas Tourism

MTÜ Launches Int'l Campaign for Hungarian Spas


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.