Hungarian gov't recommends port logistics base to Audi to keep EU funding


The Hungarian government is recommending the use of a logistics base at the port of Gönyű, on the Danube, to German carmaker Audi to avoid losing European Union funding for earlier developments there, an answer by National Development Minister Zsuzsanna Németh to an MP of the opposition Socialists reveals.


Audi recently announced an almost €1 billion investment at its base in Győr (NW Hungary) that will go on line in the second half of 2013. Press reports suggest that the government is in talks with the company on building logistics capacity for the expansion at the port of Gönyű, rather than at the base in Győr.


Németh said in the written answer to András Nemény's question on perceived government opposition to a logistics park in Győr that the Gönyű port had been developed with HUF 6 billion in EU funding and HUF 2 billion in state support in 2005, under the Socialist government at the time, but the logistics base at the port remained vacant because of shortfalls.


The European Commission said last November that Hungary had until the end of September 2012 to make economic use of the area or forfeit a large part of the EU support it received.


Thomas Faustmann, who heads Audi's unit in Hungary, said early in March that Gönyű had "a good chance" of becoming the site of the company's new logistics base.


Government commissioner for foreign trade and investment Zsolt Becsey said at the end of February that the government would "ensure all conditions" for the base's construction in Gönyű.



Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Dentons rehires banking and finance partner Appointments

Dentons rehires banking and finance partner

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


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.