A-Híd completes HUF 1 bln investment in Hungary
Hungarian construction company A-Híd today completed a HUF 1 billion investment, through which the company purchased machinery to reduce costs and enhance the efficiency of railway construction and maintenance projects, according to reports.
The project was supported with a European Union grant, which covered 40% of the investment costs, CEO László Sal said today, according to Hungarian news agency MTI.
The consortium of which the company is a member received approximately 150 contracts for a total value of HUF 354 bln since 2008, MTI noted. A-Híd received HUF 187 bln of the consortiumʼs commissions.
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