G.I.C. launches dearsenification project

Telco

Hungarian industrial resarch and development company G.I.C. finished a HUF 125 mln project to reduce arsenic in drinking water.

The company developed two processes and sets of equipment to reduce the arsenic content in drinking water to minimal levels, managing director István Schremmer announced. The technology will be used in the southeastern part of Hungary, in an area where the arsenic content in the drinking water is 5-20 times more than the recommended levels in the European Union.

The company won a HUF 56 mln European Union grant to help pay for the project. Dearsenification development is expected to double the company’s revenue from HUF 235 mln of last year.

ADVERTISEMENT

IWG Opens New Regus Center in Biatorbágy Analysis

IWG Opens New Regus Center in Biatorbágy

Parliament Negates Mandatory Membership in MOK Parliament

Parliament Negates Mandatory Membership in MOK

MNB Grants License to Local iBanFirst Fintech Branch Fintech

MNB Grants License to Local iBanFirst Fintech Branch

Meet the Expat CEO of the Year Nominees Awards

Meet the Expat CEO of the Year Nominees

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.