World Aquatics Members Approve HQ Move to Budapest

Deals

The General Congress of World Aquatics, the world governing body for aquatics formerly known as Fina, approved a decision to relocate the federation's headquarters from Lausanne to Budapest during the World Aquatics Championships in Fukuoka on Tuesday, according to a report by state news wire MTI.

This is a move that will put athletes at the center of our headquarters, in a training center. It will also save significant sums of money that can be invested in our athletes," World Aquatics president Husain Al-Musallam said.

Minister of Foreign Affairs and Trade Péter Szijjártó delivered a speech at the event and a film on the plans for the Budapest HQ was shown. He noted that Hungary had hosted the aquatics worlds in 2017 and 2021, and would host again in 2027.

World Aquatics and Hungary signed a memorandum of understanding on the HQ move in May.

ADVERTISEMENT

ÁKK Exchanges HUF 20 bln of Bonds at Wednesday Switch Auctio... Debt

ÁKK Exchanges HUF 20 bln of Bonds at Wednesday Switch Auctio...

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

Wizz Air Named Official Carrier for Hungarian Olympic Team Transport

Wizz Air Named Official Carrier for Hungarian Olympic Team

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

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.