Brussels, 03/05/2010 (Agence Europe) - The European Investment Bank (EIB) announced on Monday 3 May that is was to provide a loan of €150 million to MVM Zrt, to increase and extend the capacity of a high-voltage transmission network, partly constituting priority axes of the Trans-European Energy Network (TEN-E) in Hungary.
The EIB loan will co-finance the reinforcement and extension of the Hungarian electricity transmission network over the period 2009-2015, particularly the upgrading of...