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Esztergom awash in water park debt |
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The city of Esztergom faces a lawsuit and heavy financial losses after cancelling a contract to build a water leisure park. Esztergom received a Ft 900 million subsidy, approved in 2001, to build the park, in the belief that it would cost some Ft 2 billion. Instead, the lowest bid was about Ft 4 billion. The city eventually signed a nearly Ft 4 billion contract with Contur-Bau, the winner of the second tender, with reduced technology requirements.
Source: www.hatc.hu
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12.08.2005
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