Hungary takes over Liszt Ferenc airport from Vinci
The government of Hungary has spent EUR 3.1 billion (US$ 3.3 billion) on renationalizing Liszt Ferenc International Airport near Budapest by acquiring an 80% stake from owner-operator Vinci Airports.
The goal is to increase passenger capacity at Liszt Ferenc International Airport from 15 million to nearly 20 million by 2030, aiming for 25 million later. The ministry highlighted the need for improved access, stating that the state must develop additional infrastructure, including a high-speed rail line, roads, hotels, and more parking spaces. A third terminal building is planned for 2032. The government estimates the railway link construction will cost around EUR1 billion (US$ 1.089 billion). Expansion planning for Terminal 2 is underway, followed by Terminal 3 construction.
Country updates
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June 11, 2024
VINCI acquired 20% shareholding in Budapest airport concession company
VINCI Airports, a subsidiary of VINCI Concessions, and Corvinus, an investment fund fully owned and managed by the Hungarian State, have jointly signed and closed the acquisition of the concessionaire...
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August 11, 2023
e& Announces Majority Stake Acquisition in PPF Telecom
The Emirates Telecommunications Group Company, e&, initiated the early stage of discussions with the Czech-based PPF Group regarding a potential partnership to acquire a majority st...
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May 22, 2023
European Commission cleared acquisition of OMV Slovenija by MOL
The European Commission has approved the proposed acquisition of OMV Slovenija by MOL. The transaction would: Reduce from 3 to 2 the number of significant retail motor fuel operators in Slove...
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December 29, 2022
Dachser to acquire remaining 50% of shares in joint ventures in Hungary
Dachser has acquired the remaining 50% of the shares in its Hungarian joint ventures “Liegl & Dachser Szállítmányozási és Logisztikai Kft.” ...
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August 22, 2022
4iG and Corvinus acquired Vodafone's Hungarian unit
Vodafone Group has announced the acquision of its Hungarian unit by 4iG Public Limited Company (4iG Plc) and Corvinus Zrt (Corvinus). With the acquisition, 4iG intends to create a clea...
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