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Will the government finally buy Budapest Airport? – UPDATE
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A consortium led by the Hungarian government made a more generous offer to purchase Budapest Airport this time.
As we wrote this summer, the Hungarian government made an offer to buy Budapest Airport below market value. They announced that they wanted the state to hold shares in the airport and wished to start the nationalisation of it.
The amount of money that the bidder offered was not made public.
Previous offers
László Palkovics said that they “would make a reasonable offer to buy the airport. If this is not possible in this form, then we would like to restore the ownership of the majority holdings of the Hungarian State.”
Later, news got out that the government used various tactics to make the airport’s situation more difficult during the pandemic. Funds and permits to develop the airport were blocked. Read the details HERE.
In September, Daily News Hungary wrote that the government made yet another offer. The goal was the same: buying the majority stake of Budapest Airport.