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Google News: Govt to decide on debt consolidation of national railway MÁV by July end, CEO says
[Budapest Business Journal] - Hungary's government is expected to decide by July 31 on the consolidation of the debt of state-owned railways MÁV, MÁV CEO Ferenc Szarvas said on Saturday. The decision on debt is an important prerequisite to implementing the developments planned at
Hungary to Consolidate Debt of State Railway in 2011, MTI Says
www.bloomberg.com
[Bloomberg] billion forint ($1.58 billion) in accumulated debt and pays 15 billion forint in interest each year, would be able to use market financing if its debt were consolidated, MTI cited MAV Chairman and Chief Executive Officer Ferenc Szarvas as saying.
Hungary signs railway deal with ChinaDiplomacy & Trade
dteurope.com
Ferenc Szarvas, Chairman and CEO of MÁV, has signed a Memorandum of Understanding on Strategic Co-operation with the head of China Railway Construction ...
MÁV CEO to leave post by mutual consentBudapest Business Journal
bbj.hu
Ferenc Szarvas, chairman-CEO of state-owned railway company MÁV is leaving his post by mutual consent within 30 days, the National Development Ministry said ...
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