By Zeljko Trkanjec | EURACTIV.hr 12-10-2020 Euractiv is part of the Trust Project >>> Print Email Facebook X LinkedIn WhatsApp Telegram Hungarian Prime Minister Viktor Orbán wants to buy Budapest airport from GIC, Singapore’s sovereign wealth fund, a Canadian pension fund, and AviAlliance, an airport management company. The airport, which was one of the world’s fastest-growing mid-sized hubs before the pandemic, is valued at HUF 700-800 billion (€ 2.245 billion), meaning the government would need a partner to buy out the current owners. While experts are already suggesting it could be MOL, the leading regional oil and gas company, co-owner of energy companies in Slovakia and Croatia, the PM is hoping the price would be significantly lower due to the pandemic’s impact on the airport. In September alone, the airport welcomed 88,000 passengers, a record low and a 70% drop compared to September last year. According to Bloomberg, however, the owners do not plan to sell the airport. (Željko Trkanjec | EURACTIV.hr)
