CEO expects MÁVʼs debt to fall to HUF 70 bln

MNB

Ilona Dávid, the chairman-CEO of Hungarian state-owned railway company MÁV, expects MÁV’s debt to fall to HUF 70 bln by year-end from the HUF 105 bln recorded at the end of last year, the CEO said in an interview with Magyar Hírlap published today.

She added in the interview that the consolidated debt of the railway company stood at HUF 152 bln at the end of last year.

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