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Gyula wins HUF 1.2 bn in EU funding for Airbus plant infrastructure upgrades!Gyula wins HUF 1.2 bn in EU funding for Airbus plant infrastructure upgrades!Gyula wins HUF 1.2 bn in EU funding for Airbus plant infrastructure upgrades!Gyula wins HUF 1.2 bn in EU funding for Airbus plant infrastructure upgrades!
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DNH 2021 DNH 2021 · 17/08/2021
· Business

Gyula wins HUF 1.2 bn in EU funding for Airbus plant infrastructure upgrades!

development European Union Hungarian economy Hungary investment money
Hungary Airbus plant

https://www.facebook.com/AirbusHelicopters

The municipality of Gyula in SE Hungary has won 1.2 billion forints (EUR 3.3m) in European Union funding to support infrastructure developments around a plant Airbus Helicopters is building in the city, mayor Ernő Görgényi said on Tuesday.

The investments, which include roadwork and utilities connections, will be completed by December 2022, Görgényi said on Facebook. Airbus Helicopters topped out its 25 billion forint parts plant in Gyula in May.

Production at the more than 13,000sqm plant is expected to start in the spring of 2022.

The plant will employ more than 200 highly trained workers.

Furthermore, the Hungarian government will receive 4 billion forints (EUR 11.4m) from the European Union’s Modernisation Fund to promote renewable energy generation in local communities, the innovation and technology ministry said on Tuesday.

Fidesz turns to OLAF over opposition MEP who ‘won EU funds illegitimately’

The ministry said that the innovation projects to be financed were expected to contribute to Hungary’s goals of promoting renewable energies and decreasing greenhouse gas emissions, increasing the country’s energy independence and helping households save on utilities. According to the ministry’s statement, a bid will be put out in the autumn.

The EU fund, established this year,

will support 10 members in modernising their energy systems and improving energy efficiency.

EP seeking to strip Hungarians of EU funds, says minister

Source: MTI

development European Union Hungarian economy Hungary investment money
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