Orban Critic Buys Into Leading Polish Newspaper Before Election
- Hungary’s Varga is acquiring a minority stake in Gremi Media
- Gremi is the publisher of the Rzeczpospolita newspaper
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A Hungarian entrepreneur critical of Viktor Orban is acquiring a minority stake in the Polish publisher of influential newspaper Rzeczpospolita weeks ahead of a tightly contested national election.
Zoltan Varga, who owns one of Hungary’s largest independent media groups, is buying a 13.43% stake in Gremi Media SA from Amsterdam-based Pluralis BV. The stake carries voting rights of more than 20%. Pluralis, which invests in media companies with the backing of pro-democracy funds, will remain the group’s largest shareholder.