Type
Business expansion
Country
Hungary
Region
Alfod es Eszak; Del-Alfold; Bekes
Location of affected unit(s)
Békéscsaba
Sector
Manufacturing
Manufacture Of Coke And Refined Petroleum Products
Manufacture Of Coke And Refined Petroleum Products
19.2 - Manufacture of refined petroleum products

200 jobs
Number of planned job creations
Job creation
Announcement Date
25 July 2007
Employment effect (start)
1 January 2009
Foreseen end date

Description

Norwegian bio-ethanol firm Global Green One is to build EUR 101 million bio-ethanol factory in Békéscsaba, Southern Hungary. GG-One utilizes prime crop and residuals from agricultural and forest production and turns it into economic bio fuels. Construction of the facility is to begin in April 2008, after obtaining the necessary permits and operation is expected to start in January 2009. The factory would give employment to 200 people altogether, including 100 in logistics. GG-One plans to open other bio-ethanol facilities in other parts of the country in the future: Kalocsa, Central Hungary, and Szombathely and Kõszeg in Western Hungary.


Sources

  • 25 July 2007: Budapest Business Journal

Citation

Eurofound (2007), Global Green One (GG-One), Business expansion in Hungary, factsheet number 65676, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65676.