Large Czech media company supports Telex start-up with more than HUF 70 million



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One of the largest Czech media companies, Economia, supports the operation of telex.hu, founded by journalists and editors who left the Index, with 200,000 euros and the current exchange rate of about 72 million guilders, writes Reuters.

The news agency emphasizes that the events on Hungary’s largest news portal were caused by government pressure against the free press in the summer, but the Orbán government refused to intervene.

This happened with the index editor.

On Friday, more than eighty members of the Index began their dismissal, after the chairman of the board, László Bodolai, fired the editor-in-chief of the newspaper, Szabolcs Dull on Wednesday. In our video, we show what happened around the Index in the last month.

Economia, which publishes daily and weekly newspapers, Zdenek Bakala Contractor’s property.

The Telex team is committed to quality journalism at a time when we especially need it: it is mutual in us.

– said the managing director of Economy, Zuzana Reznickova.

Reuters mentions that Telex has received financial support of 32,000 so far.

Márton Kárpáti, the publisher owner of the news portal, said that the details of Economia’s support have not yet been defined, but that, therefore, the company will not receive a stake in the news portal in return.

Telex reported on their Facebook page how they got involved with the economy.

Munk veronika after our termination, like many other international newspapers, he also interviewed one of Bakala’s publications, a newspaper called Respekt. He then reached out to the material creation journalist who read the article owner and would be interested in Telex, and considered our story in general. We contacted each other, and the events have accelerated in the coming days, it turns out that one of the richest businessmen in the Czech Republic, Zdenek Bakala, and the publisher Economia would like to help start our newspaper with a large donation. As far as we know, we are satisfied that the intention is real and that the donor is not risky. The donation is not with us yet, it is simply a statement of intent, the precondition for all of this is that our financial and legal experts work with their experts on how it can be carried out in a transparent and legal way.



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