ADVERTISEMENT

Zöld Levegő develops catalytic converter as part of HUF 886 mln R&D project

Recycling

pixabay

Hungaryʼs Zöld Levegő Project has developed a catalytic converter that can reduce bus emissions by 80-90% as part of an HUF 886 million R&D project, the company told Hungarian news agency MTI.

Zöld Levegő Projekt won a HUF 694 mln European Union and state grant for the project, in which it partnered with the National Research and Professional Consulting Institute, a non-profit company.

The company is now working on establishing an R&D center to develop devices that reduce emissions in the framework of a HUF 1.4 billion project. Some HUF 994 mln in grant money is being used to support the project.

Zöld Levegő was established by Kőrös Volán, a member of the state-owned Volán group of bus companies, together with K&Q and Kat Tech in 2012.

ADVERTISEMENT

Investment Fund Net Subscription Reaches HUF 192 bln in Apr Figures

Investment Fund Net Subscription Reaches HUF 192 bln in Apr

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

The Social Aspect of ESG is Now Inescapable Sustainability

The Social Aspect of ESG is Now Inescapable

Tourism Nights Slightly up in April 2023 Tourism

Tourism Nights Slightly up in April 2023

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.