ADVERTISEMENT

World Aquatics Signs Agreement on Moving HQ to Budapest

Deals

World Aquatics, the world governing body for aquatics, formerly known as Fina, will move its headquarters from Lausanne to Budapest, according to an agreement signed in Budapest on Friday, according to a report by state news wire MTI.

"The intent of the leadership of [World Aquatics] is clear, now it only requires affirmation by the congress to move their HQ to Budapest," Minister of Foreign Affairs and Trade Péter Szijjártó said after signing the agreement with World Aquatics President Husain Al Musallam.

He noted that Hungary was one of the eight founding members of the international swimming federation in 1908. He also pointed to the success of Hungarians in aquatics on the international stage.

He said World Aquatics' move to Budapest would be "a great acknowledgment" for Hungary.

World Aquatics leaders aim to fill at least half of the positions at the HQ with Hungarians, he added.

ADVERTISEMENT

Hungary Trade Surplus at EUR 308 mln in April Trade

Hungary Trade Surplus at EUR 308 mln in April

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

H2Offices 1st Phase Gets Leed Platinum Certification Sustainability

H2Offices 1st Phase Gets Leed Platinum Certification

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov... History

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...

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.