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Another party interested in Malev, Magyar Nemzet writes

Two parties earlier expressed interest in Hungarian national carrier Malev, and now a third party, also from the East, is interested, National Development Minister Tamas Fellegi said in an interview in the Saturday issue of daily Magyar Nemzet.

Fellegi told the paper he did not see any danger in Asian multinationals making acquisitions in Europe. Talks on the possibilities of financial cooperation involving Malev have already taken place in Beijing and Moscow, Fellegi said.

Troubled Malev was renationalized in March 2010, but Russia's state-owned Vnesheconombank still holds 5% of the airline's parent company.

In January, the National Economy Ministry neither confirmed nor denied a report that it was in talks with Turkey's Esas Holding, the owner of Turkey's largest low-fare airline and the biggest stakeholder in Air Berlin, on buying a stake in Malev. (Econews)