Orbán cabinet: State assets double since 2010

Hungary has doubled the total value of its state assets from 11,600 billion forints to 21,800 billion in 2022, the national economy minister told a press conference held on the role and achievements of the National Asset Manager (MNV) on Monday.

Márton Nagy said a “significant” portion of the assets was real estate while the rest was equities and other assets.

Nagy said the MNV generated revenues 31.8 billion forints as opposed to a planned 22.7 billion forints in 2023, including 18.1 billion generated through property sales.

The company expects to earn 39.2 billion forints this year, including 32.7 billion forints from the sales of state properties, the minister said.

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