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17th December, 2018

Gov’t to boost capital in car test range

The cabinet has instructed Finance Minister Mihály Varga and Innovation Minister László Palkovics to provide a Ft 21.5 billion capital increase for Autóipari Próbapálya Zala, a state-owned vehicle testing range in Zalaegerszeg.

A capital increase of up to Ft 8.5 billion will be carried out by March 31, 2019 and another of a further Ft 13 billion or less by September 30, 2019.

The Zala Zone vehicle testing facility is being built at a cost of Ft 40 billion.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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