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SCD to take over payment of court settlement from local councils

Hungarian property developer SCD will take over payment of a HUF 330 million court settlement on behalf of the local councils of Zaklavár and Sármellék, SCD Group told MTI on Thursday. he court settlement was to be paid by the local councils to the former operator of their jointly-owned airport. SCD now operates the airport near Lake Balaton. SCD will deduct the settlement from its rental payments for the airport to the local councils. (MTI-Econews)