Hungarian businessman would buy Transcarpathia from Ukraine for gold

István Varga, a Hungarian businessman, would like to buy back Transcarpathia from Ukraine for the gold of the Börzsöny mountain. He believes that more than EUR 500 billion worth of gold is hidden in the hills in Northern Hungary. Thanks to that, he could settle Hungary’s state debts and buy back Transcarpathia, a Western region of Ukraine once belonging to the Kingdom of Hungary.

Transcarpathia was part of Hungary until the 1920 Trianon peace treaty. Afterwards, it was given to the newly-formed Czechoslovakia by the great powers. In 1938-39, it was reconquered by Hungarian troops, but in 1944, the Soviet Union occupied it and kept it as part of the Soviet Ukraine. After 1991, it remained a territory of Ukraine. In 2001, more than 150,000 Hungarians lived in Transcarpathia. However, because of the economic hardships and the war, many left. In the Hungarian community, there are still around 100,000 souls.

István Varga, a 77-year-old Hungarian businessman, thought about buying it back from Kyiv for good money. Despite his age, the businessman does not enjoy his retirement years. He still works 10 hours a day. And he wants to open a gold mine in the Börzsöny mountain in Northern Hungary, Bors wrote.

Previous research showed there was EUR 500 billion worth of gold dust in the mountain at 500 m depth. The businessman said he already acquired everything he wanted. Therefore, he would not like to expand his business empire from the investment.

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He does not want to buy a third in addition to his two cars. Furthermore, he does not want to buy a bigger house either. “I want to do for my beloved home country as much as possible”, he added. He does not even want to use manpower to extract the gold. He would like to use robots. Thus, he is in discussion with a Japanese company about making the needed machines. Furthermore, he would like to build a processing plant beneath.

Using the revenues of the mine, he would like to buy back Transcarpathia. He believes such a move would be beneficial for Ukraine and provide a kind of justice for Hungary. Furthermore, it would be peaceful.

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