Hungarian Bukkosd protests against Strabag cement facility

Hungarian Bukkosd protests against Strabag cement facility
Published: 27 May 2004

Hundreds of people protested in the Hungarian village of Bukkosd, southern Hungary, against the plans of local construction company Strabag Rt to build a cement facility there.

Strabag announced in 2003 that it will invest HUF24bn (US$116.5m) in the project and will create 100 jobs, indirectly creating another 200 job opportunities.

Strabag is a subsidiary of Austrian sector company Bau Holding Beteiligungs Aktiengessellschaft and posted a revenue of HUF120bn (US$582.6m) for 2003, generating half of it through road constructions.

On May 24, 2004, Strabag started the construction of a 12-km long stretch of the M0 motorway ring around the capital Budapest, a project estimated at HUF34.5  (US$167.5m).