Hungary to Challenge $73 Billion Orban-Era Motorway Concession Contract
6 Articles
6 Articles
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.
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.
This was reported by the Minister of Transport and Investment on Friday morning.
The Vitézys may have found a legal loophole in the highway maintenance contracts handed over to Orbán's stooge for 35 years. They will take the case to an international court, after which the Hungarian Public Roads Authority would operate the highway network.
In the period since the conclusion of the motorway concession contract, the Hungarian state has already paid a net HUF 870 billion to the operating private company. The post A net HUF 870 billion has already been paid to the concession company first appeared on 24.hu.
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