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Russian investors could get gas store for Malév stake

Russian investors could get part of a gas storage facility in Hungary in exchange for a stake in national carrier Malév, business daily Napi Gazdaság reported.

The exchange could be the subject of talks when Prime Minister Viktor Orbán makes an official visit to Russia in November, the paper said.

Russia's state-owned Vnesheconombank holds a 5% stake in Malév's parent company.

The government wants to wind Malév up, then establish a new company with its contracts and assets, drawing in Chinese or perhaps Turkish investors, Napi Gazdaság said. (MTI – Econews)