Direkt36 has recently revealed that the companies have been secretly benefiting from EU-funded public projects.
Continue readingCategory Archives: The businesses of Orbán’s family
Companies of the Orbán family slowed down but they keep churning out hefty profits
Company of Orbán’s father found in yet another huge EU-financed project
The business of the Hungarian PM’s father delivered concrete elements for the sewerage system construction in the Tápiómente Region. This project was also financed by the European Union.
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How EU-funded projects secretly contributed to the Orbán family’s enrichment
A Direkt36 investigation has revealed that the companies of the family of Hungarian prime minister Viktor Orbán have been involved in several public projects.
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Company linked to PM’s son-in-law got involved in public project years before winning the tender, secret recording shows
The firm had got involved in the preparations of a major public project nearly two years before it won the tender for it, shows a secretly made audio recording obtained by Direkt36.
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Prime minister’s son-in-law sold his property business to an offshore company
István Tiborcz’s former company owns a high value property in an industrial park that is promoted by the government to investors.
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Government promotes industrial park where prime minister’s son-in-law owns property
István Tiborcz's company owns a property in the industrial park where the local Nokia factor had been operating. Now the government is trying to lure new investors to the park. Continue reading
Orbán’s son-in-law moves back towards public money by purchasing new company
A few months ago, István Tiborcz became a co-owner in a firm belonging to the WHB group, which won several big state tenders in recent years.
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Police closed investigation into the public tenders linked to Orban’s son-in-law
One and a half year of investigation was not enough to find a reasonable suspicion in the case of the controversial public procurement businesses of Elios Innovatív. According to the Hungarian police, it is the true nature of the free market that a company can set different prices for similar lamps. Continue reading
Prime minister’s son-in-law gets hefty dividend from his company
István Tiborcz, the son-in-law of Viktor Orbán, took 460 million forints (1.5 million euros) in dividend from his IT firm. Continue reading
Here’s how Orban’s office helped his son-in-law’s company win tenders
Direkt36’s latest investigation revealed how the controversy around the Hungarian Prime Minister’s son-in-law is connected to the Prime Minister’s Office.
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Controversial Hungarian company made record profit from state commissions
The company formerly owned by the son-in-law of the Hungarian prime minister had a blast last year: its revenues skyrocketed to 24,8 million euros, and the current owner, a billionaire businessman took out 3,1 million in dividends. Virtually all the income of the company comes from public procurements and other state commissions.
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The Hungarian PM’s son-in-law stepped back from public money. But his long-time business partner moved closer to it
For years, Endre Hamar was a close business partner of István Tiborcz, the son-in-law of the Hungarian prime minster. Hamar now became one of the first beneficiaries of the new European Union grant cycle, winning multiple public contracts.
Continue readingHow Brussels took on the son-in-law of Hungary’s Prime Minister
Two EU investigations are being conducted into the state contracts that were given to Elios Innovatív under suspicious circumstances. If the wrongdoing is proven, Hungary could face financial penalties.
Continue readingPolice investigate the inexplicably high prices of Elios, former company of PM’s son-in-law
Dialogue for Hungary, an opposition party, filed the criminal complaint based on a recent article of Direkt36.
Continue readingHungary PM’s son-in-law left behind inexplicably overpriced lamps
A company until recently co-owned by Viktor Orbán’s son-in-law has been awarded public contracts to improve street lighting in several cities. A Direkt36 investigation revealed that the price of the lamps was unusually high, which raised the budget significantly in many cities.
Continue readingThis would have been a dream project for Orbán’s son-in-law, but the government stepped in
The company of Viktor Orbán’s son-in-law won public procurements worth hundreds of millions of forints with similarly written announcements. Until now, these announcements had been passing the government’s control without any problem, but now here is the first sign that this success story might come to a halt.
Continue readingCompany of Hungarian PM’s Son-in-law Keeps Winning Public Projects Without Competition. Here Is What Made That Possible
Direkt36’s investigation shows that the majority of public procurements won by Elios Innovatív included specific requirements that could have been met only by the company or – in some cases – just a very small circle of companies.
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How Western Taxpayers Help Boost the Businesses of Hungary PM’s Inner Circle
The prime minister has been saying harsh things about the EU and the West. What he does not talk about is that companies of his friends and his son-in-law are receiving a lot of money from there.
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