Airpark logistics properties up for grabs
Beleaguered regional logistics, trading and development company Airpark Regionális Logisztikai, Kereskedelmi és Fejlesztési Zrt has put up for sale its properties at the Szentkirályszabadja airport in west Hungary for HUF 300 million, daily Napi Gazdaság reports.
Airpark is also selling a 27.4% share in trading, services and industrial company Multitech Kereskedelmi, Szolgáltató, Ipari Kft, which has been in liquidation since October 2007, for HUF 14 million. Airpark was set up in 2004 to build an industrial park and logistics center at the airport of Szentkirályszabadja, but the project ground to a halt after the local government didn't find enough tenants. The company eventually defaulted on hundreds of millions of forints in bank loans and was put into liquidation in 2007. The deadline for submitting bids is August 8.
ADVERTISEMENT
Rate-setters Point to Continued Need for 'Disciplined' Polic...
Gov't Keeps Rate on General-purpose Student Loans at 7.99%
Hungarian Companies Participate in EU Cloud Computing Projec...
Heineken Balaton Sound Announces 1st Phase Lineup
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.
