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This is also rare: Lőrinc Mészáros’s empire is shrinking

This is also rare: Lőrinc Mészáros's empire is shrinking

According to the latest information published in the company prospectus, Révay 10 Ingatlanfejlesztési Kft is merging with Obra Ingatlankezelő Kft. According to the Explanation, the founders of the two companies decided to merge the two companies through the merger in light of the scope of similar activities and the improvement of operating costs – as previously stated on the basis of MTI’s reputation. Now, however, more interesting details have emerged.

Lrinc Mészáros. Photo: MTI

Both companies belong to the Lőrinc Mészáros empire. Révay’s ten direct owners are Obra, which is owned by Opus Global Plc. The main activity of both companies is to lease and operate their rental properties, so it is not surprising that Opera, which will continue to operate after the merger, has dealt with this.

On the other hand, it may be interesting to foreigners the reason for the merger of Révay 10, since it is by far the largest of the two companies, according to the draft balance sheet for the merger, its total balance sheet is more than five times that of Opera which received 1.6 billion forints. This will shape the breadth of the combined company, which also supports the justification.

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After some research, a semi-explanation can be found for this as well. The starting point for this is that Opera’s new capital will collapse. For example, the subscribed capital will be only 10 million HUF, compared to the old Obra 50 million and Révay 10 Kft.385 million. Their normal stakes will now be 286 million fewer, roughly 730 million.

Indeed, it is evident from Obra’s 2019 report that the company closed last year with a loss of nearly 12.6 million, as a result of which equity fell below its subscribed capital. Settling this loss may be the real reason the butchers launched their business with Révay 10, which it left behind last year with a profit of 11.3 million anyway.

Will 1.5 million forints be on hand?

Based on Bank360.hu and Mfor calculator, you can expect the following repayment installments if you need 1.5 million Ft:

a Raiffeisen Bank personal loan 30253 Ft Installment It can be yours for 60 months. Due to the APR ceiling, this amount must be paid from January 2021, and until the end of the year the monthly premium is 28,410 HUF. The At Erste Bank The first installment is HUF 28721, then HUF 32355 from Jan 2021, While prof Cetylmnil HUF 28721 is the initial installment, And later 32,643 HUF. Are you looking for a different type of loan? This calculator It can help you find the credit you are looking for.

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