Prime Minister Péter Magyar
The TISZA government is evidently doing everything in its power to eliminate those companies whose leadership was in any way connected to the previous government. As part of this political campaign, companies are being retroactively excluded from bids, and audits are being launched, Magyar Nemzet reported. This policy of retaliation, however, will come at a price, as investments will dry up and domestic jobs will be put at risk.
According to a statement from the Ministry of Agriculture and Food on March 4, 2026, Gallicoop Zrt., a member of the Mészáros Group, received EU funding awarded through the tender (Development of Businesses Participating in the “Champions of the Food Industry” Program). Subsequently, however, on July 23, 2026, the ministry revoked the previously approved funding and excluded Gallicoop Zrt. from the call for proposals.
The company intends to challenge the decision through legal channels and will exhaust all legal remedies available to it.
Lőrinc Mészáros (center). Photo: MTI/Vasvári Tamás
Funding from calls for proposals may only be used for strictly defined investments. In this case, the project involves the expansion of slaughtering and operational capacities, as well as related technological and supplier-related developments carried out by Hungarian companies.
Gallicoop Zrt., Hungary’s largest turkey meat processing plant, employs nearly 1,600 people. The company provides a secure livelihood for its employees and their families, as well as for numerous domestic suppliers and business partners. “If, as we suspect, the Hungarian government makes decisions against a Hungarian agricultural company and the Hungarian people employed there for political rather than technical reasons, this will directly result in
the company facing a competitive disadvantage compared to German, French, and Polish companies and thus being forced out of the export markets,”
the company stated in its response.
In mid-August, Opus Titász Zrt. was also dismayed to learn of the decision by the Board of Directors of the Hungarian Development Bank (MFB) to exclude the company from the tenders for grid expansion and the installation of smart meters issued under the European Union’s Recovery and Resilience Facility (RRF) due to alleged non-compliance with transparency requirements. Opus Titász successfully passed the eligibility review and met the tender requirements; subsequently, the MFB conducted a technical evaluation of the application, made a positive decision in favor of the company, and on August 6 requested from Opus the documents necessary to finalize the tender contracts.
The retroactive exclusion of an application deemed suitable on the basis of new criteria jeopardizes not only the company in question but also confidence in the predictability of the tender process.
Prime Minister Péter Magyar also recently stated that the government would review all contracts of the 4iG Group involving the state and would do everything in its power to recover the money and assets belonging to the Hungarian state and the Hungarian people. In response, the 4iG Group stated:
“As part of its business activities and development, it has always acted in accordance with applicable Hungarian and EU laws
and has structured its transactions and contractual relationships in compliance with the necessary corporate governance, legal, and financial controls.”
Péter Magyar apparently did not recall that 4iG had not always been so distant from him. Last June, he announced on his Facebook page that he would sell his 4iG shares (60,019 shares) with immediate effect on the next trading day (Thursday), with one exception. Based on the information available at the time, the chairman of the TISZA Party sold his shares at an average price of 1,800 HUF, realizing a profit of more than 1,100 HUF per share. In total, this meant that Péter Magyar made a profit of nearly 70 million HUF (194,000 EUR) on that trading day.
Via Magyar Nemzet; Featured photo: MTI/Szigetváry Zsolt
The post Political Retaliation Puts Jobs and Investment at Risk appeared first on Hungary Today.
Political Retaliation Puts Jobs and Investment at Risk 2026
IUSTITIA.BG – Investigations 2009-2026 2026-08-26 09:28:09
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