<\/p>\n
Istv\u00e1n Tiborcz, a son-in-law of Hungarian prime minister Viktor Orb\u00e1n, has become the majority owner of BDPST Zrt., a fast-growing real estate company after purchasing shares from one of his long-time business partners, company records show.<\/p>\n
According to a document filed recently to the company court, Tiborcz now owns at least 75 percent of the company. The files, however, don\u2019t show a full picture of the ownership structure. Tiborcz announced last year that he is one of the company\u2019s owners.<\/p>\n
BDPST has not responded to Direkt36\u2019s questions.<\/p>\n
The company has reportedly acquired several high-value properties since its foundation in 2015. According to press reports, the company owns buildings in Budapest\u2019s most prominent areas and also a historic castle outside the capital.<\/p>\n
According to its latest annual report, BDPST has more than 5 billion forints (15.6 million euros) in assets and its net profit last year was 4.1 billion forints (12.8 million euros).<\/p>\n
Tiborcz, 32, is the husband of R\u00e1hel Orb\u00e1n, the prime minister\u2019s oldest daughter. He began his business career with an energy company that received several lucrative public contracts under controversial circumstances. Most of the projects were funded by the European Union, and the EU\u2019s anti-fraud unit \u201crevealed not only serious irregularities in most of the projects, but also conflict of interest.\u201d<\/p>\n
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Istv\u00e1n Tiborcz now owns more than 75 percent of the company, which has a high-value real estate portfolio, according to company records reviewed by Direkt36.<\/p>\n","protected":false},"author":4,"featured_media":2543,"comment_status":"open","ping_status":"closed","sticky":false,"template":"single-444.php","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"ppma_author":[522],"class_list":["post-9680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-az-orban-csalad-uzletei","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\/9680","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=9680"}],"version-history":[{"count":0,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/posts\/9680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/media\/2543"}],"wp:attachment":[{"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/media?parent=9680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/categories?post=9680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/tags?post=9680"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/direkt36.exot.hu\/en\/wp-json\/wp\/v2\/ppma_author?post=9680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}