ADVERTISEMENT

Hungary completes $33m water quality improvement project

Recycling

Hungary has completed a $33m project to improve the water quality of the Danube supported by the Global Environment Facility (GEF) and the World Bank, Rural Development Ministry department head Péter Kovács said at a press conference on Tuesday.

The project included the construction of a nitrogen and phosphorous remover at a waste water treatment plant in the capital and five water retainers in the Danube-Drava National Park, Kovács said. Altogether HUF 5bn of the HUF 6.5bn project went toward investments to improve water quality, while HUF 1.5bn was spend on popularizing the issue of water quality in the region.

The GEF covered $11.5m of the cost of the project and the World Bank lent $8.1m. The Budapest municipal council paid for $11.7m of the cost and the Rural Development Ministry for $1.4m.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.