Ministry signs contracts for eight mining licenses with tender winners
Hungaryʼs development minister has signed contracts for eight mining licenses which were awarded to four tender winners last November, the National Development Ministry said today, according to Hungarian news agency MTI.
The minister signed contracts with O+GD Central for hydrocarbon exploration and extraction licenses in Berettyóújfalu, eastern Hungary, Mogyoród, Nagykáta and Ócsa, central Hungary. Hungarian oil and gas company MOL signed contracts for licenses in Battonya-Pusztaföldvár, southeastern Hungary, and Dány, central Hungary. HHE Group signed a contract for a license in Lakocsa, southwestern Hungary, and PanBridge Hungary signed a contract for a license in Püspökladány, eastern Hungary.
The tender winners paid altogether HUF 2.9 billion in license fees, the ministry said.
New tenders for mining licenses are expected to be called in the first half of this year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.