Hungarian Bukkosd protests against Strabag cement facility

Hungarian Bukkosd protests against Strabag cement facility
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).

 

 

Published under Cement News