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To the Business Circle of Péter Tiborcz Magyar: End of the Embezzlement of Public Funds

Summary by telex.hu
The government has taken action in the case of the investor of the Bosnyák Square office complex, and the bankruptcy proceedings of Bayer Construct and ZVK Development have been classified as strategically important.

12 Articles

Right

Péter Magyar announced that a state asset inspector will inspect the bankruptcy proceedings of Bayer Construct and ZVK Development.

·Budapest, Hungary
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Lean Left

“The squandering of public funds is over,” Prime Minister Péter said in a video released after the release of the government decree.

·Hungary
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Lean Left

The government has taken action in the case of the investor of the Bosnyák Square office complex, and the bankruptcy proceedings of Bayer Construct and ZVK Development have been classified as strategically important.

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The government has classified the bankruptcy proceedings of Bayer Construct Zrt. and ZVK Development Kft., which employ around 1,500 people, as strategically important bankruptcy proceedings and has appointed a state-owned asset supervisor. The decree came into effect on Friday at 7 p.m.

The political tailwind from behind the Bayer empire, which is fattened with public funds and stretches as far as Gyergyóremete, has run out: the Hungarian government is sending a state asset inspector to Attila Balázs's companies that are in bankruptcy protection, so that they don't take what's still in the coffers and leave the bill to the taxpayers.

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The Tisza government will extend the crisis caused by mass immigration until the end of 2026, while it is negotiating with Brussels to develop a new border protection regulation that is also in line with EU law. The government will establish a National Environmental Supervision Authority to strengthen the protection of natural resources. Minister of Defense Romulusz Ruszin-Szendi appointed Szabolcs Illés as the ministerial commissioner responsib…

·Budapest, Hungary
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Liner.hu broke the news on Friday, September 4, 2026.
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