Gróf és Társa develops hydropower turbines

Telco

Hungarian engineering company Gróf és Társa is developing turbines that can be used in hydroelectric power plants on smaller rivers as part of a HUF 304 mln project, managing director Zsolt Gróf told Hungarian news agency MTI yesterday.

Gróf és Társa, together with Kőrös-Consult Tervező és Szolgáltató and Magyar Fejlesztési Intézet Nonprofit, won a HUF 235 mln EU and state grant for the project. The project is expected wind up at the end of 2015, with the production of two prototypes. Gróf és Társa had revenue of HUF 380 mln last year. The company employs 24 people.

ADVERTISEMENT

Real Estate Companies, Consumers Augur Cooling Home Market Analysis

Real Estate Companies, Consumers Augur Cooling Home Market

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Veeva Systems Relocates Budapest Office to Roseville Office Market

Veeva Systems Relocates Budapest Office to Roseville

Countries Exchange Experiences for Better Production of Catt... Conferences

Countries Exchange Experiences for Better Production of Catt...

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.