The European Commission announced it will support 10 pilot projects to establish new rail services or improve existing ones.
The Hungarian government has cancelled the EU grant contract already awarded for the spring tender for the Nyugati railway station, Telex reported on Tuesday, based on the Official Gazette. Portfolio also presented the design competition for the Nyugati railway station last spring, when state secretary Balázs Fürjes announced the winner, British architectural firm Grimshaw Architects.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
