Turley backs €120m Hungarian ethanol venture

Irish technology entrepreneur Greg Turley has emerged as a major backer of a €120 million ethanol production project in Hungary.

15th January, 2011

Irish technology entrepreneur Greg Turley has emerged as a major backer of a €120 million ethanol production project in Hungary.

Turley, the founder of car booking firm CarTrawler, has invested millions of euro in Ethanol Europe Renewables and become chairman of a subsidiary called Pannonia Ethanol.

It is building an ethanol plant in the town of Dunafdva ¤ r in central Hungary, in conjunction with Fagen, a US firm that has built over 60 per...

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