New Wave Media to acquire Hungarian business weekly Figyelő

April 20, 2016


New Wave Media, publisher of daily online, is set to purchase the business weekly Figyelő, reports The purchase would mark the latest in a string of acquisitions by New Wave Media, the media holding company owned by Tamás Szemerey, a cousin of longtime Fidesz member and current National Bank governor György Matolcsy.  In addition to publishing, the company also recently purchased and weather website 

New Wave Media reportedly funded its purchase of with central bank-backed loans.

New Wave CEO István Száráz confirmed to 444 that his company has been in talks with Figyelő’s owners regarding the sale of the weekly.