The other four investors are real estate developer Euroinvest, oil company MOL, OTP Bank and construction company Közgép.

The five have a joint 50% stake in asset manager Overdose Vagyonkezelő, under a contract signed on Friday. Zoltán Mikóczy remains 50% owner of the horse.

The investors aim to have Overdose rep-resent Hungary at races, regarding the horse as a symbol of Hungarian business success.

The purchase price was Ft 200 million, the investors revealed when asked, after a short consultation. The price was not a secret, but the new symbol is worth much more, Járai said."

Source: Hungary Around the Clock.

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

Photo: Bálint Hirling origo.hu