Two speak on re-nationalization of utilities
Lest anyone doubt the seriousness of Prime Minister Viktor Orbán’s remarks that moves would be made in privatizing a good number of utilities, further statements made today in local media hammer home the intention to turn back the clock on some companies...
Appearing on national television network M1 this morning, spokesman András Giró-Szász confirmed that his government is in fact “considering offers made by the owners of some utilities companies to sell their stakes.” Giró-Szász denied any link to Orbán’s comments, however, emphatically stating that “This is not about the nationalization or expropriation of utility companies.”
Giró-Szász explained that “The state is under no obligation to acquire utility companies” and would essentially take a greater role in the regulatory system in a model similar to those in France and Denmark.
Meanwhile, much more point-blank was Budapest Mayor István Tarlós; in the daily newspaper Magyar Nemzet, Tarlós stated that “All of the public utility companies in Budapest privatized under former mayor Gábor Demszky will be returned to Hungarian ownership in coming years.”
Orbán had mentioned on Friday the government’s targeting of Budapest-based Főgáz.
ADVERTISEMENT
Investment Fund Net Subscription Reaches HUF 192 bln in Apr
Parl't Approves Amendments to Legislation on Judiciary
The Social Aspect of ESG is Now Inescapable
Tourism Nights Slightly up in April 2023
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.
