October 25, 2016
The European Investment Bank (EIB) is lending €25 million to Central European University (CEU) to upgrade its campus located in the historic center of the Hungarian capital Budapest. The EIB loan will finance the University’s urban campus development project comprising the renovation and construction of approximately 39,000 m2 of teaching, conference and research facilities. The project consolidates the University's academic and administrative entities on a single and cohesive campus with sufficient space and up-to-date facilities for students and staff.
December 14, 2015
CEU’s redevelopment project reached a milestone this month - the highest point of the renewed campus. The CEU and Nador utca neighborhood communities celebrated Dec. 10 in the courtyard known as the Japanese Garden with a traditional Hungarian “topping up” ceremony, in which a tree is set atop the highest point of the building. Since the holiday season is approaching, and CEU’s project team has two cranes on site, in this ceremony the tree was carefully lifted by crane to the top of the building, set on top, and lit with holiday lights.