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Andy Vajna finalizes purchase of TV2

Vajnaʼs firm, Magyar Broadcasting Co. Kft., said that it is in possession of the necessary permits and has submitted a request to the company court to register its ownership, according to reports on Monday the 4th of January. The company said that Dirk Gerkens, who used to be the CEO of leading commercial channel RTL Klub, has been appointed the CEO for TV2 group, according to state news agency MTI.

Hungary’s business registry has been updated to show that from today Vajna’s Magyar Broadcasting Co. Kft. is the owner of TV2’s broadcasting company, finalizing successfully his purchase.

Vajna, who has a position in the government and has won exclusive tenders to run casinos in Hungary, is expected to run more government friendly news coverage. But Vajna insists that his station will stress interesting content over political loyalty.

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