Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

Hungary Held Talks With Russia’s VEB on Malev Revival, Napi Says

Hungarian negotiators held talks with Vnesheconombank, Russia’s state development bank known as VEB, on a possible loan to revive the collapsed state-owned carrier Malev Zrt., Napi Gazdasag reported.

Hungary is seeking to shield the budget and protect jobs with the effort, the Budapest-based business newspaper said, without citing anyone. VEB has provided 120 million euros ($159 million) in loans to Malev and still has a stake in it, according to Napi.

Hungary acquired a 95 percent stake in Malev in 2010 to replace VEB as a controlling shareholder when a previous privatization failed.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.