Hungary to award concessions for air routes in Balkans

Transport

pexels

Hungary will call tenders in the coming weeks to find air route operators between Budapest and Sofia and a number of destinations in the Western Balkans, the National Development Ministry told Hungarian news agency MTI on Friday, confirming a report by economic daily Világgazdaság.

The government will impose a “public service obligation” on the Budapest-Sofia route, allowed under EU rules to “maintain appropriate scheduled air services on routes which are vital for the economic development of the region they serve” and award concessions for the Western Balkans routes.

The tenders will be published in the Official Journal of the European Union.

The ministry noted that since financially troubled national carrier Malev was grounded in 2012, direct flights are still not operating to a number of destinations on its former timetable.

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75% MNB

Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.