Balásy firms claim inability to fulfill contract yet challenge new tourism tender

The state tourism body Visit Hungary reported that New Land Media, part of Balásy Gyula’s corporate group, informed it in July of an inability to fulfil duties agreed in a prior framework deal. Because of this, Visit Hungary announced a new procurement for media-agency and market-research work. New Land Media, together with Media Dynamics, lodged a pre-emptive dispute, claiming the new tender overlaps with the still-valid contract and breaches good-faith principles.

Visit Hungary responded that the new tender is justified and declined to withdraw it. The agency also noted that ongoing investigations and financial restrictions on Balásy’s firms have hampered contract performance.