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APV Announces 2004 Privatization Plan

The number of companies in which APV holds stakes will fall from 157 to 86 this year and the net asset value of its company holdings will fall from Ft 751.82 billion to Ft 597.5 billion.

APV's most significant sales this year will involve shares in the pharmaceuticals company Richter Gedeon Rt and the broadcasting company Antenna Hungaria Rt, deputy CEO Akos Macher told the press on Friday.

APV does not plan to sell any part of its holdings in the national airline Malev Hungarian Airlines Rt or the national lottery company Szerencsejatek Rt this year.

(BBJ 19.iv.04)


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