Bids for Malév welcome by November 3

Sights

The State Privatization and Holding (ÁPV) Zrt expects bids for debt-ridden national airline Malév Zrt by November 3.

The company is to be fully assessed by the end of the week, national newswire MTI reported. This is the fourth attempt of the state to privatise Malév.
The main difference from the previous tender ÁPV called off is that the airline has “burnt" a big pile of money since then. A key element in the sell-off is that 50% plus 1 vote would remain Hungarian-owned, otherwise it would lose its national characteristic. (portfolio.hu)

ADVERTISEMENT

Farm, food industry confidence improves slightly in Q2 Analysis

Farm, food industry confidence improves slightly in Q2

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.