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Tigaz seeks to sell 40 properties for combined HUF 1.6bn

Regional gas supplier Tigaz is offering 40 of the company’s properties for sale for an aggregate price of HUF 1.6bn, the company’s website reveals.

Tigaz CEO Gabor Szaraz told MTI that developments and cost-cutting measures had made the properties unnecessary to the company’s further operations.

Tigaz’s website noted that the company, established in the fifties of the previous century, currently utilizes only 26 of its nearly 100 properties.