Zugló Municipality Files 37 Billion Claim Against a Bayer Group Company
4 Articles
4 Articles
The Zugló municipality has announced a claim of nearly 37 billion forints in the bankruptcy proceedings of ZVK Development Kft., the company that built the Bosnyák Square office complex. The district is demanding compensation from the investor for the missed infrastructure developments and for the lost tax revenues, Telex reported.
According to András Rózsa, "they caused permanent damage to Zugló with the monster investment," but they are ready to compromise.
The mayor of the district announced that a separate lawsuit has been filed due to improper information regarding the right of pre-emption. They are ready to compromise, but they are protecting Zugló's interests. The post Zugló filed a 37 billion forint claim for damages in the Bosnyák Square investment case first appeared on 24.hu.
The Zugló municipality has filed a claim of nearly 37 billion forints in the bankruptcy proceedings of ZVK Development, the company that built the Bosnyák-tér monstrosity. So far, they have been discussing compensation of 2.9 billion forints.
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