Lázár anticipates new public procurement law

Tourism

A new law on public procurement is currently being drafted and is scheduled to be approved by the Hungarian Parliament in the second half of the year, Cabinet Chief János Lázár announced at a business conference today.

"The system for regulating public procurements will be far more flexible. The system of institutions and the procedural system will operate entirely electronically," the cabinet chief said. He added that the pool of bidders should be less concentrated, as everyone will have access to resources. "The principle of live and let live will be in effect," he said.

ADVERTISEMENT

MBH Bank Closes Acquisition of Duna Takarék Bank Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate' Int’l Relations

V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'

AutoWallis Green Investment Project Value Reaches HUF 3 bln Automotive

AutoWallis Green Investment Project Value Reaches HUF 3 bln

'Creating CEElicon' Valley in Focus of HVCA Investment Confe... Conferences

'Creating CEElicon' Valley in Focus of HVCA Investment Confe...

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.