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Hungarian Government to sell AKA stake

The government will sell the 40% stake it has in Alföld Concession Motorway Zrt (AKA), the company operating motorway M5.

The Economy Ministry instructed State Motorway Management Zrt (ÁAK) to prepare the tender and, also, to decide whether the purchase option for the remaining 60%, owned by French construction firm Bouygues Construction and Austria's Strabag AG, should later go from the government to the would-be tender winner of the 40%, or to a different company, which is to be selected by ÁAK. (Magyar Hirlap)