Mi Hazank protests against Blackrock-backed state purchase of Budapest Airport

Opposition party Mi Hazank has strong misgivings about the reported planned takeover of Liszt Ferenc International Airport by the Hungarian state and US investment giant Blackrock, Laszlo Toroczkai, the party's parliamentary group leader, said on Tuesday.

Whereas the airport should be under national control, 1,500 billion forints (EUR 3.9bn) of public money should not be spent on such a deal in the current economic situation, he told a press conference.

Toroczkai said it was worrying that, based on reports, in addition to the 50-50 ownership share, Blackrock would have management rights, so the management’s work would lack transparency.

Leave a Reply