PM Orbán: Budapest Airport will see EUR 1 billion investment and get new terminal!

Prime Minister Viktor Orbán has met the CEO of Vinci Concessions, the company which co-acquired the Budapest Liszt Ferenc International Airport with the government earlier this month, the PM’s press chief said.

At the talks with Nicolas Notebaert in Paris on Tuesday, the sides reviewed development plans of the airport, Bertalan Havasi said. Liszt International will see investment worth over one billion euros in the coming decade, including the construction of a new terminal, he said. Vinci has agreed to turning Liszt International into the most successful airport in central Europe, he added.

On June 6, the government announced that it had bought an 80 percent stake in the airport along with Vinci, which had acquired 20 percent.

Here are the new leaders of the Budapest Airport

According to airportal.hu, the following officials will lead the Hungarian International Airport. The state-owned Corvinus International Investments Ltd, having 80% of the shares, will delegate Máté Lóga, a secretary of the national economy ministry, as president of the directorate. Other members of the directorate will be Ferenc Antal, a deputy secretary of the national economy ministry, László Parragh, the president of the Hungarian Chamber of Commerce and Industry and Zoltán Guller, the president of the directorate of the Hungarian Tourism Agency.

Vinci Airports, having 20%, delegated one member into the directorate, Emmanuel Robert Menanteau, who gained experience in the USA, North- and East Europe, and Southeast Asia.

The top officials of the Budapest Airport will be François Bérisot, the CEO of the Belgrade Airport, and Lorenzo Rebel, the financial deputy CEO of the Gatwick Airport.

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