Trademagazin > News and articles > Market News > In a month we will know who can buy Kempinkski's 9,92% share from Budapest Municipality
In a month we will know who can buy Kempinkski's 9,92% share from Budapest Municipality
Until Friday's termin 3 offers arrived for the Kempinski Hotel Budapest's share, which has a nominal value in HUF 258 Million.
The company ownes the
Kempinski Hotel Corvinus Budapest, near the Budapest Municipality, Kempinski SA
and other investors have share in it. The 5 stars hotel had HUF 4,5 billion
forint revenue in 2005, HUF 695 pretax income but there was no profit and no loss
according to balance sheet.
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