ÁPV?s revenue plan declines
Monday, May 30, 2005, 00:00
State Privatization Holding ÁPV Rt declined its revenue plan for this year by Ft 80 billion, the new projected revenue is Ft 300 billion this year, website portfolio.hu reported quoting daily Magyar Hírlap. The announcement was made by ÁPV?s chairman of the board Tamás Mészáros. The government decided yesterday to sell the 75% stake of Budapest Aiport Rt, from this ÁPV expects a revenue of approx. Ft 100 billion. ÁPV wants to sell the 50% stake of FHB Land Loan and Mortgage Bank Rt and the 75% stake of broadcasting company Antenna Hungária Rt this year too. The short list of bidders of Antenna may be decided today by ÁPV?s board.
Following Parliament?s decision, however, the Hungarian Electricity Works (MVM) Rt will remain in state property, thus its privatization preparations have been stopped.