recently published a story about EU-Line<\/a>, showing that the company has accumulated \u2013 partly as member of several consortia \u2013 state contracts worth at least HUF 6.4 billion (EUR 21.3 million) since its creation in 2011. The company received the vast majority of these contracts from the municipality of Budapest\u2019s 5th district during the last three years of Antal Rog\u00e1n\u2019s term as mayor.<\/p>\nThe article revealed that the company\u2019s owner, Andr\u00e1s B\u00f3dis, who had not had serious experience in running businesses or executing major construction projects, still works as a hotel employee, despite his company\u2019s success.<\/p>\n
The investigation also showed that there are several indirect links between the company and J\u00e1nos Borzov\u00e1n, a businessman with a long history in construction business. B\u00f3dis and Borzov\u00e1n confirmed that they know each other but they also claim that their relationship has nothing to do with EU-Line\u2019s activities.<\/p>\n
\u201cI founded EU-Line not with the purpose of making a living but as an investment because I saw an opportunity to be present in a certain area of the construction industry\u201d, B\u00f3dis wrote in a comment for the previous article. He also claimed not to have taken any money out of EU-Line yet.<\/p>\n
EU-Line\u2019s latest annual report showed that no dividend was paid to B\u00f3dis from last year\u2019s profit either.<\/p>\n
The report does not reveal how much of last year\u2019s revenue was coming from state sources. In a comment for the previous article, B\u00f3dis said that EU-Line is working for private companies as well but he declined to provide details of these works. He said that he could do this only with the permission of their clients and he suggested that he was not inclined to contact them regarding this matter.<\/p>\n
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Profits nearly tripled for the construction company that has been awarded lucrative contracts by the 5th district while its owner keeps working in a hotel as an employee.<\/p>\n","protected":false},"author":4,"featured_media":1388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"ppma_author":[522],"class_list":["post-9558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-belvarosi-milliardok","author-cap-andraspetho"],"authors":[{"term_id":522,"user_id":0,"is_guest":1,"slug":"cap-andraspetho","display_name":"AndrasPetho","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","description":"","first_name":"","last_name":"","user_url":""}],"_links":{"self":[{"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/posts\/9558","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/comments?post=9558"}],"version-history":[{"count":0,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/posts\/9558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/media\/1388"}],"wp:attachment":[{"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/media?parent=9558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/categories?post=9558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/tags?post=9558"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/ppma_author?post=9558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}