Hungarian Minister Dávid Vitézy cancels M86‑M87 highway concession over overpricing
Transport Minister Dávid Vitézy announced that the government has declared the M86‑M87 fast‑traffic road concession fruitless because the two submitted bids far exceeded the projected cost. The Lumen Private Equity fund linked to Szíjj László offered about 2.033 trillion forints and the Mészáros & Mészáros consortium linked to Lőrinc Mészáros offered about 2.277 trillion forints, 36 % and 53 % above the 1.488 trillion‑forint cost ceiling set by earlier engineering estimates. As a result, the planned Kőszeg–Szombathely–Körmend corridor, intended to improve Trans‑Danubian logistics by 2030, will not be built in its original form. The cancellation was reported by several outlets, including G7, and follows earlier criticism by Vitézy of delayed highway projects.
The minister noted that the decision prevents the state from signing contracts at inflated prices and that other highway projects inherited from previous administrations remain under way.
Entities: Dávid Vitézy · Hungarian Ministry of Transport and Investment · Hungarian government · Lumen Private Equity · László Szíjj · Lőrinc Mészáros · M86 motorway · M86‑M87 corridor (Kőszeg‑Szombathely‑Körmend) · M86‑M87 highway project · M86‑M87 road project · Mészáros Lőrinc · Szíjj László
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 7 SOURCES] The Hungarian government declared the M86 and M87 road concession tenders resultless. (Official government statement reported by media.)
- [○ 1 SOURCE] Vitézy criticized earlier politicians for delaying the project since 2015. (David Vitézy)
- [● 7 SOURCES] The project aimed to extend the M86 fast‑traffic road from Kőszeg through Szombathely to Körmend. (Project description.)
- [● 7 SOURCES] Mészáros & Mészáros, represented by Lőrinc Mészáros, offered 2.277 trillion forints. (Bid submission records.)
- [● 7 SOURCES] Lumen Private Equity, represented by Szíjj László, offered 2.033 trillion forints. (Bid submission records.)
- [● 7 SOURCES] Transport Minister Dávid Vitézy announced the cancellation on social media. (Vitézy announced the decision via Facebook.)
- [● 7 SOURCES] Two bids received were 36 % and 53 % above the calculated cost ceiling of 1.488 trillion forints. (Analysis of submitted bids.)
- [● 7 SOURCES] The tenders were issued on 30 January 2026. (Tender announcement.)