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Gold Brikett is spending HUF 220 million to build a bio-briquette plant in Jászladány (E Hungary), the town's mayor, István Dankó, told MTI on Thursday.
Grant money is covering one-half of the cost of the investment to be completed in September, said Dankó.
The plant will turn out an annual 4,000 tons of bio-briquettes, enough to meet locals' heating needs.