Hungarian electricity distributor Émász, majority-owned by Germany’s RWE-EnBW, is spending about HUF 800m to modernize a hundred-year-old hydroelectric power plant in Felsődobsza (NE Hungary), Émász-Elmű board member Hans-Gunter Hogg told MTI on Wednesday.
The investment will double capacity at the plant to 940 kWh, said Gábor Bercsi, managing director of the Émász unit which operates the plant, told MTI on Wednesday.
The plant is expected to go online in 2013.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
