Hungary Scraps EUR 73 Billion Motorway Deal Linked to Orbán-Era Allies, Launches Criminal Complaints
Officials say the 35-year deal shifted most risk to the public and may have violated European Union procurement rules.
9 Articles
9 Articles
The government of the Hungarian Prime Minister, Peter Magyar, will challenge a contract for the concession of roads worth 23,196 trillion forints (US$ 73.30 billion), signed during the government of the former ultra-right leader Viktor Orbán, informed this Friday, alerting that the 35-year agreement transferred most of the risks to the public sector. After his election victory by wide margin in April, Magyar and his pro-European Union government…
Hungary scraps EUR 73 billion motorway deal linked to Orbán-era allies, launches criminal complaints
Hungary’s government is about to terminate the country’s 35-year motorway concession that was linked to Viktor Orbán's allies, and launch criminal complaints. Continue reading: https://dailynewshungary.com/hungary-scrap-eur-73-billion-deal-orban-era/
Hungary to challenge $73 billion Orban-era motorway concession contract
In 2021, the Mészáros–Szíjj company was awarded the operation of most of Hungary's highways for 35 years, and we have paid more than 700 billion forints for this so far. The new government would withdraw from the deal, but according to information from Telex, it would still negotiate the details with the concessionaire.
Hungary's government announced on Friday that it would challenge a 23.196 trillion forint ($73.30 billion) highway concession contract awarded during the tenure of former Prime Minister Viktor Orban. Hungary to challenge $73 billion highway concession contract awarded during the tenure of former Prime Minister Viktor Orban - ΙΝΑΤΕΜΟΠΟΡΙΚΙ
The government will terminate the contract for the highway concession, file a complaint, and criminal proceedings will be initiated - announced Prime Minister Péter Magyar at the government press conference on Friday in Budapest. The post The government will immediately terminate the giga contract, the complaints will come first appeared on Most Hír.
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