Environmental investments decline in Hungary
Hungarian companies spent HUF 127 bln on environmental investments in 2013, down from HUF 138 bln in 2012 and HUF 129 bln in 2011, a report by the Central Statistics Office (KSH) revealed.
Integrated investments – built into production processes – accounted for 11% of the total in 2013. The rest were stand-alone investments made to prevent, reduce or eliminate environmental pollution or damage.
Investments made by waste management companies reached HUF 198 bln in 2013. About 58% of the total was spent in the sewage segment. One-quarter was in waste management and 8% was for protecting aquifers. Hungarian companies paid a total of HUF 126 bln to contractors for environmental services in 2013. Two-thirds of that amount was for waste management and 29% was for sewage services.
ADVERTISEMENT
Minister Asks Banks to Introduce Voluntary Rate Caps
Hungary, Poland Diverging in Views of Russia
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.
