Rail line renovation inaugurated

EU

Southeastern Hungary saw the inauguration of a 32-km section of rail line after a renovation of HUF 39 bln expanded the route between Gyomaendrőd and Békéscsaba to 160 km, Hungarian news agency MTI reported yesterday. 

The stretch of railway that runs across the border, to Arad in Romania, will be renovated during the 2014-2020 European Union funding period, state secretary Zsolt Becsey said. The renovation was carried out by a consortium of Swietelsky Vasúttechnika, Kőzgép and Strabag Általános Építő. The line is situated along two trans-European transport corridors, and approximately 85% of the project costs were covered by European Union funding.

ADVERTISEMENT

Romania's Industrial PPI up in December  Figures

Romania's Industrial PPI up in December 

IMF Urges Hungarian Authorities to Carry out Structural Refo... Government

IMF Urges Hungarian Authorities to Carry out Structural Refo...

Retail Sales Down 3.9% y.o.y. in December 2022 Retail

Retail Sales Down 3.9% y.o.y. in December 2022

120,000 Guest Nights Expected From World Athletics Champions... Tourism

120,000 Guest Nights Expected From World Athletics Champions...

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.