Orban Eyes Telecoms as Next Target for Hungarian Ownership Drive
- Hungary seeks at least 50% share in telecom, rail car sectors
- Initiative follows efforts in energy, banking and media
Viktor Orban
Photographer: Jure Makovec/AFP/Getty Images
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Hungary’s government is setting its eyes on new industries as it tries to boost domestic ownership in the economy.
Hungary will seek to raise the share of domestically-owned companies above 50% in the information and telecommunication, construction materials and rail carriage sectors this decade, Prime Minister Viktor Orban said Thursday.