Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

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

Feb. 10 (Bloomberg) -- 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.

To contact the reporter on this story: Zoltan Simon in Budapest at

To contact the editors responsible for this story: Balazs Penz at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.