Viktor Orbán claims that he does not have any savings, but his family members have earned millions of euros in recent years, partly from public money from the Hungarian state and the European Union. We explain how we investigated the businesses of Orbán’s family in an animated video.
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Inside the secrets of the Orbán family’s businesses
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.
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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.
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A fugitive wanted for murder became a businessman in Budapest under false identity
Haris Ahmed has escaped from Bangladesh, where his brother currently serves as Army Chief. The man had been on the Interpol’s Red Notice list for years, now he is using his connections at home to enrich himself in Europe.
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Inside Viktor Orbán’s slow response to the second wave of COVID19
Fidesz politicians believed in the forecast of Central Bank president György Matolcsy that the pandemic would only have a mild impact on the Hungarian economy, but GDP data showed a different reality.
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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.
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“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.
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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.
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How Orban played Germany, Europe’s great power
Why isn’t Germany tougher with the Hungarian government? Viktor Orbán has been building his alliances for decades through personal friendships, political gimmicks and pouring hundreds of billions of forints on German corporations. Direkt36 explored in detail the hidden history of Hungarian-German relations.
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How the epidemic disrupted Orbán’s machinery
While in the past ten years the government seemed to operate with almost military-style discipline, the last few weeks brought several U-turns from the Orbán administration. Here’s what happened behind the scenes.
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China suspended the export of some COVID-19 tests in April. The Hungarian government had already stocked up on them
Hungarian paramedics are still using tests whose exports were suspended in April. This week, China again loosened export requirements, and it seems that the Hungarian government also managed to find a reliable supplier.
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Hungarian ministerial adviser searched for coronavirus masks. He found them at a company where his father is a senior manager
Tons of medical masks and other personal protective equipment are arriving to Hungary almost every day. One of the big winners of the state orders is a little-known Chinese-Hungarian company with family ties to the ministry that handled the procurements.
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Orbán’s media machine in the Balkans investigated for suspicious transactions
A Hungarian businessman close to the government has expanded his media empire to the Balkans. However, a high-value contract between his Slovenian and North Macedonian companies raised the attention of local authorities.
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Companies close to Orbán’s allies will operate Hungarian trading houses in the Balkan
The Hungarian government started to rebuild its controversial trading house system on the Balkans – once again, with the old local partners that have good political connections.
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How Viktor Orban got involved in Trump’s Ukraine scandal
Several influential U.S. government officials have stated in recent weeks that Viktor Orban was inciting Donald Trump against Ukraine. However, reality is more complex and there are tough diplomatic battles being fought in the background.
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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.
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Viktor Orban promised something to Vladimir Putin, but the U.S. intervened
Hungary’s government promised diplomatic immunities to the Russian-led, now Budapest-based International Investment Bank, but U.S. diplomacy had concerns over the bank’s alleged ties to Russian intelligence.
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The Russians are poised to benefit from international deal financed by Hungary
In addition to the Russians, several government-close people are also watching closely the project developments. The business partner of Árpád Habony has appeared in the company that signed the contract. The investment is likely to come up at the Orbán-Putin meeting.
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Orban promises the U.S. counterintelligence measures against a Russian-led bank
Viktor Orban has secretly promised many things to the U.S. government because they were worried about the Russian-led International Investment Bank’s (IIB) moving to Budapest. Meanwhile, the Hungarian government is trying to reassure U.S. congressmen that everything is OK with the IIB, although many find the bank suspicious.
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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.
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