Bloomberg News

Budapest to Buy Back Foreign Stakes in Sewage Works, Nemzet Says

April 17, 2012

Budapest Mayor Istvan Tarlos wants to buy back foreign-owned stakes in the capital’s sewage works after repurchasing a minority holding in the capital’s water works, Magyar Nemzet reported, citing plans obtained from City Hall.

Berlinwasser Holding AG and Veolia Environnement SA (VIE) hold a total 25 percent stake in the Budapest sewage works, according to the company’s website.

To contact the reporter on this story: Zoltan Simon in Budapest at zsimon@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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