Italia Progetti buys military airbase near Veszprém
Italy's Italia Progetti has won a tender to buy an old military airbase near Veszprém, west Hungary with a bid of Ft 1.31 billion, business daily Napi Gazdaság reported on Wednesday.
Italia Progetti has already put Ft 50 million down for the tender and must pay the balance of the purchase price by September 18, András Iványi, mayor of Szentkirályszabadja, where the airport is located, told Napi Gazdaság.
Italia Progetti plans to build the base into a commercial airport capable of handling both passenger and cargo traffic. The Italian company has undertaken to invest Ft 10 billion at the site, including Ft 2 billion-Ft 3 billion in the coming 2-3 years. In addition to developments at the airport, it aims to build a 30,000 square meter logistics center and a hotel on the edge of Veszprém, Napi Gazdaság reported.
The runner-up in the bidding was Buda-west Airport Holding, Iványi said. Ownership of the airbase was transferred from the state to the local councils of Veszprém and Szentkirályszabadja a year earlier.
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.