Weekly newsletter

Most Valuable Hungarian Companies: Docler Leads, Two Orbán Relatives Among Top 100

Ábrahám Vass 2019.10.30.

Forbes once again compiled the 100 most valuable 100% Hungarian-owned businesses. While we can find the usual ones among the top ten, Viktor Orbán’s father’s company, and his son-in-law’s have also made it to the list.

In comparison to last year, Videoton Holding slipped back to 2nd place, and György Gattyán’s Docler Group, who is predominantly known for its adult chat and sex cam services, took the lead with 208.4 billion HUF (Eur 663 million). The third is MPF Holding, while Sándor Demján’s Gránit Pólus Group comes fourth.

OTP leader Sándor Csányi’s agricultural holding Bonafarm Group is the sixth (122.7 billion HUF – Eur 390 million), followed by Lőrinc Mészáros’ ally László Szíjj’s Duna Group.

Two of Viktor Orbán’s relatives have also made it to the top 100. The Prime Minister’s father, Győző Orbán’s mining company Dolomit Kft. is the 88th on the list with 10.5 billion HUF (Eur 33 million), while Orbán’s son-in-law, István Tiborcz‘s BDPST Group is the 91st.

As HVG notes, the top 100 managed to increase their total income in comparison to last year. In addition, after their last year’s total income made up 14% of Hungary’s 2017 GDP, their current year aggregated income made up almost 21% of 2018’s GDP.

Apple Inc. is still the world’s most valuable company, in Asia it’s ICBC Bank, while in Europe, ‘Royal Dutch Shell’ heads the list.

featured image: Docler owner György Gattyán; via Facebook