Dávka - Your daily dose of Slovak news

Hungarian Oligarch Close to Viktor Orbán Secures Business Operations in Slovakia

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A previously obscure Slovak company called Torreol has experienced dramatic growth in revenues and profits, with backing from influential Slovak business figures who have now been joined by the CEO of Hungarian oil giant MOL. The MOL chief executive, who maintains close ties to Hungarian Prime Minister Viktor Orbán, has established business interests in Slovakia through this partnership with some of the country's wealthiest entrepreneurs. The company's rapid financial transformation from a low-profile entity to a high-performing business venture reflects the expanding cross-border business networks between Slovakia's economic elite and Hungary's politically connected oligarchs.

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