The cost to create a standard inventory system for all of Hungary’s state assets is expected to remain under HUF 1bn, though the exact price will not be known until the system is completed, National Asset Management Company (MNV) IT and inventory director Zoltan Tomory said at a press conference on Monday.
MNV selected the suppliers of the system at a closed tender. Mr Tomory said they would not name the winners or details of the project because it affects national security.
The system will start being tested in December, Mr Tomory said.
Until now, there were separate inventory systems for the Central Asset Management Directorate (KVI), the National Land Fund and the State Privatisation and Asset Management Company (APV), all of which were merged to become MNV at the start of 2008.
National Asset Management Company (MNV) spokesman Gabor Szaraz said that the asset appraisals are continuously entered into the system, adding that the value of state assets is currently estimated to be between HUF 30,000bn (EUR 126.24bn) and HUF 50,000bn. These assets include 1.5m hectares of agricultural land, 237,000 pieces of real-estate, 1,000 kilometres of motorway and more than 320 enterprises. An external auditor checks every entry in the system.