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LakeBalaton news

Lake Balaton line upgrading funding

Railway Gazette International - Jul 23, 2018
HUNGARY: The EU has provided €193m from the Cohesion Fund to cover 85% of the cost of the recently-completed modernisation of the 123 km line around the south side of Lake Balaton between Székesfehérvár and Keszthely (RG 7.17 p40).

Appeninn to acquire high-value resort at Lake Balaton

Budapest Business Journal - Jul 27, 2018
Listed holding company Appeninn yesterday said it had agreed to acquire 74.99% of Pro-Mot Hungaria, a joint holding of Israeli property developers Shikun + Binui and AFI Group, which owns a resort on Lake Balaton, news agency MTI reported. Under the ...

EU grants major funding for railway development around Lake Balaton

Portfolio English Edition (press release) - Jul 20, 2018
The European Commission has decided on supporting a fifth major transport development project of Hungary on Friday. The EU executive announced that 193 million euros from the Cohesion Fund will be invested in the reconstruction and modernisation of ...

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