US EditionGyula Balásy Will Transfer His Companies and Assets in Private Equity Funds to the State
9 Articles
9 Articles
In a public document, Balásy renounces four companies: his 100 percent stake in Lounge Design, Lounge Event and New Land Media Kft., and his stake in Visual Europe Zrt., which is 95 percent owned by the latter two companies. In response to a question, he estimated the total value of these at 80 billion forints.
The advertising guru who produces blue-poster campaigns says that his companies have serious professional knowledge and human resources, and he would like this work to continue, even without him. He fought back tears several times in the interview.
NER's favorite media entrepreneur announced this in an interview with Kontroll.
The businessman, who has so far avoided the spotlight, almost cried during the interview, tens of billions of his assets have been frozen.
Gyula Balásy has officially announced that he will offer the ownership of his companies and his assets in private equity funds to the state. He made a public interest commitment to this effect in a document signed before a notary public, in accordance with the rules of the Civil Code. According to the public document, the businessman is giving up four of his companies.
Businessman Gyula Balásy, known for his government campaigns, offered his media companies and a significant portion of his private assets to the Hungarian state in a notarial deed.
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