The total value of a 35-year contract to maintain, operate, and build most of Hungary's highways won by seven private equity funds whose owners have close ties to the Hungarian government is at least $45 billion, according to documents obtained by RFE/RL. The highway contract awarded in 2021 was made public at the time, but the appendices containing most of the financial details of the deal were kept secret. RFE/RL published details of the contract on April 29 after winning a lawsuit to gain access to the contract’s appendices. To read the full story by RFE/RL's Hungarian Service, click here.
Hungarian Highway Contract Worth $45 Billion Won By Equity Funds Close To Gov't
Editors' Picks
RFE/RL has been declared an "undesirable organization" by the Russian government.
If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.
To find out more, click here.