Aviation Solution sues ÁPV over Malév

Tourism

Hungarian-owned Aviation Solution Investment Consortium (ASBK) Kft has sued the State Privatization and Holding (ÁPV) Rt for the violation of the privatization process of Hungarian Airlines Malév Rt, business daily Napi Gazdaság reported. ASBK hoped to get into the final round of Malév's privatization this year, but was dropped as a bidder after July. Instead, ÁPV started talks with Airbridge Rt. ASBK was established by previous management members of Malév. In the end, ÁPV did not choose a winner of the tender, but ASBK still feels they missed the chance of winning.

ADVERTISEMENT

Hungary GDP up 6.5% y.o.y. in Q2 Analysis

Hungary GDP up 6.5% y.o.y. in Q2

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

Muni Council Organizing Meeting to Improve Air Quality City

Muni Council Organizing Meeting to Improve Air Quality

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.