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privatization

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Economy

Budapest Airport Homecoming: Hungary Reclaims Control

D&T
Jun 7, 2024

In a bold move signaling its commitment to national sovereignty, Hungary’s government has reclaimed Budapest Liszt Ferenc International Airport, the nation’s largest commercial airstrip. The state has officially repurchased the company managing the airport, according to a statement from the Ministry of Economy. The deal, valued at a whopping €3.1 billion (HUF 1.2 trillion), sees […]

Economy

Hungary’s Government Seeks to Take Control of Budapest Airport

D&T
Oct 29, 2021

Hungarian Prime Minister Viktor Orbán stepped up efforts to gain control over Budapest airport as the Cabinet seeks to bring key infrastructure into state ownership. The government also plans to build 4-5 large international airports and a dozen of business airstrips across the country. Hungary’s government is keen on gaining control over the nation’s largest […]

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