EU grants Hungary massive funding for M30 motorway expansion

Portfolio
Although the construcion of the M30 motorway connecting the northeast Hungarian town of Miskolc with Slovakia has been underway for quite some time now, the European Commission has just announced how much money it is willing to spend on this project.
M30autopalyaMiskolc.jpg

The EU invests EUR 552.6 million (over HUF 182 billion) to expand the M30 motorway and connect the city of Miskolc in Hungary and the town of Tornyosnémeti, at the border with Slovakia.

ThisCohesion Fundinvestment will allow traffic to move faster, improve road safety and reduce congestion. The project will bring closer to fruition the European transport network plan known as ‘Via Carpathia', linking the Baltic with the Black and Aegean seas.

, the Commission said in a statement.

Tibor Navracsics, Commissioner for Education, Culture, Youth and Sport, said: “This road connection was long awaited and will directly benefit the one million inhabitants of the Borsod-Abaúj-Zemplén area, with faster, safer and more comfortable travel conditions. Ultimately, Hungary and Slovakia will benefit from the positive spillovers of better connectivity in terms of jobs, growth, tourism and trade.” 

EU-funded works include the construction of a 60-km motorway stretch and of 48 bridges. The construction will involve local companies and should be completed in February 2022

, added the Commission.

In mid-July this year, the European Commission approved the Cohesion Fund investing more than EUR 173 million to build the Budimír-Bidovce section of Slovakia's D1 motorway and a section of the R2-R4 expressway between the towns of Košické Oľšany and Hrašovík. This EU-funded project will improve the road network around the city of Košice (South-East Slovakia). The project should be completed in December 2019. The EU invests almost EUR 3.5 billion in transport and energy networks in Slovakia under the 2014-2020 Cohesion Policy.

The decision on the Hungarian road development should be seen in light of his complex road development series (Trans-European Transport Network). A first four-lane expressway between Tornyosnémeti and the Slovak border has already been completed in an investment worth HUF 4.4 billion (with 85% EU funding). This was opened for traffic at the end of 2017, and it is connected to the R4 expressway in Slovakia (pictured).

The other stretch between Miskolc and Tornyosnémeti will be a motorway and it is currently under construction. The 56-kilometer stretch has a budget of HUF 183 bn, this is what has been green-lighted today.

Cover photo by  MTI / János Vajda 

This article is part of the work programme titled "The impacts of EU cohesion policy in Hungary - Present and Future" which is carried out by Net Média Zrt., the publisher of Portfolio.hu, between 1st April 2019 and 31st March 2020 with European Union financing. The views in this article solely reflect the opinions of the author. The European Commission as the funding entity does not take any responsibility for the use of information presented in this article.
 

More in EU funds

October 10, 2025 15:40

Brussels has made its decision: Trump's ultimatums must be rejected.

Any new demands cannot override the existing joint agreement

euro-árfolyam-bankjegy-euróövezet-ekb-pénz-valuta
October 10, 2025 13:36

Commission mobilises emergency support for farmers in Hungary

And in five more Member States

P063763-737115
October 10, 2025 10:59

The Hungarian spy scandal in Brussels could have dire consequences

Amending the EU's founding treaty raised in response to news of Hungary's attempts to recruit members

európai bizottság berlaymont eu
October 09, 2025 16:29

EU makes it clear that Hungary must come off Russian energy sources

Commission organising multi-level political and technical discussions to facilitate the process

tudos-labor-koronavirus-covid-19-labor-vakcina-oltoanyag-koronavirus-vakcina-koronavirus-elleni-vedooltas
October 03, 2025 16:08

EU signs joint procurement deal for Covid vaccine

With Spain's HIPRA

berlaymont-brüsszel-épület-európai-Európai-Bizottság-európai-parlament-Európai-Unió-irodaház-nemzetközi-unió-zászló
October 03, 2025 11:01

Brussels to change its financial austerity policy, Hungary may also be preparing for a reversal

Sanctions for budget deficits may undergo revision

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search