E.ON to launch power plant construction in Hungary


Germany’s E.ON Kraft-Werke GmbH is to launch the ground works at the site of its planned combined-cycle power plant in Gönyü in September.

The preparatory works are to be completed next spring, with the actual construction phase to launch in May, said Zoltán Katona, managing director of a Hungarian subsidiary, E.ON Erőművek Kft to the daily Napi Gazdaság. The first, 400 megawatt block of the facility will be capable of generating 2 billion kilowatts of electricity annually, following its startup in 2010. While the estimated value of the project amounts to Ft 70 billion (€278 million, $380 million), already, E.ON has plans of constructing another block of similar size to cope with the future growth of Hungarian power demands, Katona added. The second stint will cost approximately as much as the first, he added. (NG 4)


Hungarians Want to Live to 96 Analysis

Hungarians Want to Live to 96

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Wizz Air Malta Names Managing Director Appointments

Wizz Air Malta Names Managing Director

Muni Council Organizing Meeting to Improve Air Quality City

Muni Council Organizing Meeting to Improve Air Quality


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.