Wizz Air building hangar in Budapest


Hungary-based low-cost airline Wizz Air launched the construction of its 2,000 sqm maintenance hangar at Budapestʼs Liszt Ferenc Airport, and is expected to open the facility on September 1, a press release reported today.

According to the press release, the hangar will be located between the existing Lufthansa Technik and Aeroplex of Central Europe hangars. The total cost of the construction is approximately HUF 1 bln (€ 3 mln), financed entirely by Budapest Airport.

The press release added that the project is being carried out by construction company Market Építő Zrt., owned by István Garancsi, who is said to be "tied" to Hungaryʼs Prime Minister Viktor Orbán through a "friendship rope".

“We are pleased to see the rapid progress in the construction of the new Wizz Air hangar; every day brings us closer to the successful completion of this important development project,” said René Droese, property director for Budapest Airport, in charge of the hangar investment project. According to Droese, “the new Wizz Air hangar will also create valuable, highly skilled jobs in the entire region.”


European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


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.