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Orban Allies Seek to Grab Control Over Budapest Airport

  • Mol among bidders making preliminary bid for Budapest hub
  • Owners of key Hungarian airport have no plans to sell
Updated on

Hungarian Prime Minister Viktor Orban has been open about his desire to oust the foreign owners from Budapest Airport Zrt., which was one of the world’s fastest-growing mid-size hubs before the pandemic.

Now that the coronavirus pandemic has curbed airport valuations, his allies including partially state-owned refiner Mol Nyrt. have submitted an unsolicited offer for the international hub, according to two people familiar with preliminary discussions.