The Hungarian state paid four times more for the Mátrai plant than thought before?

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During 2019 Christmas the state obtained a huge carbon power plant from Lőrinc Mészáros, the biggest government-close oligarch who has become the wealthiest Hungarian by winning many public procurements in the last few years. The opposition said then that the deal was harmful to the state since the company makes a loss. Now it seems that the government had to pay four times more than previously thought to keep the plant operational.

According to 444.hu, the state’s energy company, the MVM Group, signed the deal with Mészáros’s Opus last Christmas when, self-evidently, people did not concentrate on such news, at all. Non-governmental media and opposition parties slammed the contract then saying that the 17.44 billion HUF (EUR 50.3 million) they paid for the plant was too much.

Now it seems that they even paid more to keep the plant operational. Thanks to an FOI (freedom of information) request, Bertalan Tóth, chairman of the Socialist Party, received the official documents of the deal showing that the state had

to pay a further 57.7 billion HUF (EUR 166.4 million)

to consolidate the plant and keep it operational. As a result, the final sum for which they bought the energy plant rose to 75.14 billion HUF (EUR 216.7 million). Mr Tóth cleared that he received a lot of documents, but there are still missing ones for which he applied to the court.

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