Budapest, May 21 (MTI) – Hungarians deserve respect for their achievements of the past two years since they have succeeded in making the country a front-runner in the region from a laggard, Prime Minister Viktor Orban said today.

At a cornerstone ceremony for a new power plant for the Dunaujvaros paper factory in central Hungary, Orban said: “We are once again competitive with the best in the region, and are in the running for the title of fastest developing and most strategic country.” He added that “we are in a great race” with the other countries of the region.

Speaking about the 45 billion forint investment by the Prinzhorn Group, he said the company provided work for 2,300 families and the new factory would add 60 jobs.


Attila Bencs, managing director of Prinzhorn unit Hamburger Hungaria, said the plant would cover the factory’s entire demand for heat and electricity. It can run on biomass, coal, biogas and waste paper, he added.

The plant will start operating in the second half of 2015.

Hamburger Hungaria is Hungary’s biggest paper recycler, turning out more than 650,000 tonnes of corrugated cardboard a year. It has annual revenue of 70 billion forints.

Photo: MTI – Szilard Koszticsak


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