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GVH, a company close to Tiborcz, was approved by a subsidiary of MVM

GVH, a company close to Tiborcz, was approved by a subsidiary of MVM

June 17, 2024 – 6:06 pm

One week after the announcement, the Economic Competition Authority (GVH) approved the merger of MVM Zöld Generáció Zrt and Tatooine Solarpark Kft. Competition Bureau decision on Monday Under which the MVM subsidiary obtains sole direct control of Tatooine.

The two parties submitted the notification to the Competition Bureau on June 10, 444 Then he wrote thatTataouine has so far passed from hand to hand among businessmen close to the government. The company was founded in 2016 by Adnan Polat, who is often mentioned as a good friend of Viktor Orban, after the Turkish businessman and his family were there for Orban's parliamentary inauguration speech in 2018. They were photographed in the company of Rahil Orban, and they were also guests of the Prime Minister at Felixot. . At the end of 2020, Gabor Sajer, who controls solar power plants in several parts of the country, took over the management of the company, and in the first months of 2022, business partners of István Tiborcz appeared in the company, and then also a private equity fund linked to István Tiborcz.

Today, according to the company's testimony, LPBF Holding Kft. and Green Energy Investhor Zrt 50 percent of the solar park, the latter owned by the Central European Opportunities private equity fund linked to István Tiborcz, while Kft. The half is partly owned by Coactor Kft., which since 2019 has been owned by Ferenc Figura, which is part of Tiborcz's business circle. (Central Europe Opportunity operates Equilor Alapkezelő Zrt, which is partly owned by Tiborcz's Granit Bank).

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There is no exact information about how much the solar park might be worth. Based on the balance sheet, the value of tangible assets was HUF 11.8 billion at the end of the year, of which HUF 7.4 billion was for real estate, according to reports 444. The company's sales revenue last year was HUF 2.5 billion Hungarian forint, the result after tax was 1.2 billion Hungarian forint. Tiborcz recently closed down another company, selling one of his companies to another company, and in the process he received profits of about 4 billion Hungarian forints.

Tatooine was previously known for implementing a giant solar power plant development project on an area of ​​​​seventy hectares on the outskirts of Tszabosbok in the Iasi Nagekon Zolnok Districts. It is believed that the company's name refers to one of the Star Wars planets, Tatooine.

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