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Search resuls for: "Budapest Airport"


4 mentions found


People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain, September 14, 2023. REUTERS/Alishia Abodunde/File photo Acquire Licensing RightsSummaryCompanies Move follows Hungary govt exit from Erste unitGovt raising financing for airport transactionExit 'good news' for sector's stability -EBRDBUDAPEST, Nov 15 (Reuters) - The European Bank for Reconstruction and Development is selling its 15% stake in Erste Group Bank's (ERST.VI) Hungarian unit back to the Austrian group after the Hungarian government's recent exit from the bank, a top EBRD official told Reuters. Austrian lender Erste said on Friday it was repurchasing a 15% stake in its Hungarian subsidiary, currently held by Hungarian state-owned Corvinus International Investments. Francis Malige, EBRD managing director of financial institutions, said the investment had been designed to help the Hungarian bank recapitalise while supporting a positive relationship with the authorities. "We received a call notice from Erste last Friday and are proceeding with the sale of our stake to the group, based on terms agreed during our 2016 investment."
Persons: Alishia, Viktor Orban, Marton Nagy, Francis Malige, Malige, Orban, Gergely Szakacs, Louise Heavens Organizations: European Bank for Reconstruction, REUTERS, Erste Group, Reuters, Economic, Budapest Airport, Austrian, Erste, International Investments, Erste Bank, Thomson Locations: Canary Wharf, London, Britain, Hungary, Erste, BUDAPEST, Austrian, Hungarian, Erste Bank Hungary
BUDAPEST, Oct 2 (Reuters) - Hungary plans to sell non-strategic assets to partially finance its acquisition of Budapest airport, Economic Development Minister Marton Nagy told reporters on the sidelines of a business conference on Monday. He did not say which assets the government might sell. Since Prime Minister Viktor Orban took power in 2010, his government has boosted Hungarian ownership in the energy, banking, telecoms and media sectors. The government submitted a new formal bid for a majority stake in Budapest Airport last month, with talks underway with several airport operators, one of them in Qatar, to join as a minority partner. Reporting by Gergely Szakacs Writing by Boldizsar Gyori; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
Persons: Marton Nagy, Viktor Orban, Gergely, Boldizsar Gyori, Kirsten Donovan Organizations: Economic, Thomson Locations: BUDAPEST, Hungary, Budapest, Qatar
An 11-year-old boy has died in Budapest airport after collapsing on a Turkish Airlines flight to JFK. Turkish Airlines did not immediately respond to Insider's request for comment. An 11-year-old boy has died in Budapest airport, Hungary, after collapsing on a Turkish Airlines flight from Istanbul, Turkey, to JFK, Reuters reported. According to a statement from Budapest airport, flight TK003 on Sunday morning was quickly diverted after the young boy lost consciousness on board. Turkish Airlines did not immediately respond to Insider's request for comment.
Organizations: Turkish Airlines, JFK, Reuters, Medical Service, AMS, Ferenc Liszt International Locations: Budapest, Hungary, Istanbul, Turkey, JFK
Taylor came under scrutiny following Roma's shootout loss to Sevilla in UEFA's second-tier final on Wednesday. The day after the match, videos circulated on social media showing English referee Taylor and his family being harassed by Roma fans at Budapest Airport. "UEFA vehemently condemns violent behaviour directed towards its referee Anthony Taylor and his family. Such actions are unacceptable and undermine the spirit of fair play and respect that UEFA upholds," UEFA said in a statement. It was yellow, yellow, yellow all the time."
Persons: Jose Mourinho, John Sibley, Anthony Taylor, Taylor, Taylor dishing, Mourinho, expletives, Gonzalo Montiel, Aadi Nair, Christian Radnedge, Pritha Organizations: Soccer, Europa, Sevilla, AS Roma, Puskas Arena, UEFA, Europa League, Serie, Roma, Budapest, Thomson Locations: Budapest, Hungary, UEFA's, Portuguese, Sevilla, Nashik, India
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