Rodeport to build port, ethanol and power plants

Recycling

Rodeport Kft will spend about Ft 55 billion building an agricultural distribution center, ethanol and power plants and a port in Hungary, Napi Gazdaság said, citing a company executive.

Rodeport, owned by Swiss and Hungarian investors, is about to finish construction on a grain storage and drying facility and river port in Fadd-Dombori along the Danube, managing director Róbert Deák told the paper. The company will expand the port and storage units later this year and will start building an ethanol plant and a power plant in 2007. Deák refused to reveal how much power the plant would generate.
The center in Fadd-Dombori will have more than 100 employees from 2008, Napi Gazdaság said.

ADVERTISEMENT

Purchasing Managers' Index rises Analysis

Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.