The loan for small- and medium-sized companies was announced by governor of Hungary’s Central Bank György Matolcsy at the beginning of the COVID-19 pandemic. Only a few received loans as high as István Tiborcz and two of his associates.
The Businesses of Orbán’s Family
The mine of the Orbán family pays the highest dividend among its competitors
According to the latest data available, Dolomit Kft. paid 1,8 billion forints (4,98 million euros) as dividends in 2019, which is more than the thirteen times more than the sectorial average.
Until now, Orbán’s family has stayed away from public procurements. Now the company of his brother won a lucrative one
Gamma Analcont, a company minority owned by one of Viktor Orban’s younger brothers, won a high-value public procurement for the remote monitoring of gas-networks of E.ON.
Orbán’s father offers building materials for a much higher price than the competition
Dolomit Kft. participates in state projects despite selling some of its products 60-70 percent more expensive than its main competitors.
“Don’t even try, sweetie, because I’m running out of patience” – We asked Viktor Orbán’s father about his involvement in state projects
The mining company of Hungarian PM’s father, Győző Orbán delivered building materials for major railway and road constructions, but he only wanted to talk about the beautiful autumn weather.
Orban’s father was involved in controversial road construction
Not only the European Union, but also the Hungarian government criticized the project for being too expensive. This did not stop the mining company of the PM’s father to benefit from it.
Businessman linked to the Orbán family has expanded his footprint in city of Hungary’s nuclear plant
Roland Sebestyén has business relations with the family of Anikó Lévai, the wife of PM Viktor Orbán. Companies linked to him received contracts in the value of 6.2 million euros in Paks.
Links tighten between Orbán’s brother and a businessman who keeps winning public tenders
Gábor Szentgyörgyi has a common business with the son-in-law of the prime minister’s brother, and one of his business interests opened a branch on a property owned by a company of the Orbán family.
This is how the mining company of Viktor Orban’s father became more profitable than its major competitors
The mining company of Viktor Orbán’s father has been involved in several major public construction projects in recent years and it has become one of the most successful companies in the market. Last year, it outperformed all of its major competitors in one important aspect: Győző Orbán’s company achieved the highest profit margin.
A man close to Viktor Orbán’s brother was the head of a department at the tax office. His department was dissolved after we reported about it
Tamás Balogh, an acquaintance of Orbán Győző Jr. became the head of the department in charge of major procurements at the tax office, while his other acquaintance won high-value public tenders from the same authority. After we revealed their relationship, the tax authority was restructured, Balogh is not a head of department any more.
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