Hungary: Right-wing business circles buy into RTL subsidiary
Following the victory of the right-wing conservatives in Hungary's parliamentary elections over the weekend, business circles with ties to the right have acquired a stake in RTL Klub, the Hungarian affiliate of RTL.
The media company Infocenter.hu, which is majority-owned by market researcher Istvan Stumpf and lawyer Zsolt Nyerges, acquired 31 percent of the shares in RTL Klub's operating company, Hungarian media reported on Monday, according to SDA. The majority stake in Infocenter.hu was transferred to Stumpf and Nyerges by media entrepreneur Tamas Fellegi just last week.
At the time, Fellegi's move was linked to the fact that the entrepreneur was expected to become infrastructure minister in the new government of conservative leader Viktor Orban. Fellegi as well as Stumpf and Nyerges are close to Orban's Federation of Young Democrats (FIDESZ).
Stumpf, who was Minister of the Chancellery in Orban's first government (1998-2002), is considered a close confidant of the former and future head of government. Infocenter.hu is the owner of several FIDESZ-affiliated media, including the weekly newspaper Heti Valasz. Together with another Nyerges company, it owns the new radio station Class FM.
At the time, Fellegi's move was linked to the fact that the entrepreneur was expected to become infrastructure minister in the new government of conservative leader Viktor Orban. Fellegi as well as Stumpf and Nyerges are close to Orban's Federation of Young Democrats (FIDESZ).
Stumpf, who was Minister of the Chancellery in Orban's first government (1998-2002), is considered a close confidant of the former and future head of government. Infocenter.hu is the owner of several FIDESZ-affiliated media, including the weekly newspaper Heti Valasz. Together with another Nyerges company, it owns the new radio station Class FM.







