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Sándor Demján will not sell Russian lottery holding, TriGranit says

Property developer TriGranit denied in a release on Monday any intention of its head, Sándor Demján, to sell a 51% stake in the Russian lottery company Orglot.

The Russian business daily Kommersant said that it had learned that Hungarian businessman Sándor Demján plans to sell the stake.

The sale of the 51% stake is not now on the agenda, although several companies made bids, TriGranit said.

The Hungarian entrepreneur bought into the lottery company in October 2008 through buying out Gazprombank. (MTI – Econews)