Log Valve building HUF 376 mln production hall

Telco

Hungarian Log Valve, which manufactures valves for the oil and gas industry, started constructing a HUF 376 mln production hall at its base in Lenti, southwestern Hungary, the company told Hungarian news agency MTI yesterday.

 The project of the 2,500 production hall equipped with a crane is being supported with an almost HUF 150 mln in European Union and state grant. The company’s revenue reached HUF 449 mln last year, dropping from HUF 1.3 bln in the previous year, MTI said citing public records.


Hungary Motor Fuel Prices Below Regional Avg Figures

Hungary Motor Fuel Prices Below Regional Avg

EC to Propose Opening Excessive Deficit Procedure Against Hu... EU

EC to Propose Opening Excessive Deficit Procedure Against Hu...

Uni of Miskolc, CATL Debrecen Sign Cooperation Agreement Deals

Uni of Miskolc, CATL Debrecen Sign Cooperation Agreement

Int'l Travelers to Europe Prioritize Safety, Quality This Su... Tourism

Int'l Travelers to Europe Prioritize Safety, Quality This Su...

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.