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Wednesday, November 6, 2024

Zygmunt Solorz dismissed children from companies. This is how his older son copes now. He arranged himself quite well

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Several weeks have passed since the great scandal broke out in the Polsat empire. Unfortunately, the result of the father-son conflict was the separation of the offspring Zygmunt Solorz from management and supervisory boards of companies. On the decision millionaire The financial situation of both Piotr Żak and I suffered Tobias Solorz. Both sons Solorz they will lose millions of zlotys as a result. However, as it turns out, the older one is already doing quite well.

Tobias Solorz will become the “hotel king”? There are many indications of this

Tobias Solorz became interested in the hotel industry. The 44-year-old entered this branch of the economy together with his father. Despite the initial problems the man managed to buy the Belvedere hotel in Zakopane for PLN 67 million. He shared the business with his father. According to Wirtualne Media, the TMS Inwestycje holding (a company owned by Tobias Solorz) was valued at PLN 148.1 million and is currently under the wing only Tobias Solorz. Ultimately, the man's company took over ownership of the Belvedere and Krupówki 40 hotels in Zakopane. Then the company invested in both facilities – the ongoing renovations and modernizations cost over PLN 2 million. Ultimately, however, the businessman did not do badly – sales revenues increased from PLN 7.32 million to PLN 34.44 million, and net profit jumped from a PLN 11.09 million loss to a PLN 42.81 million profit. TMS Inwestycje Group expanded its portfolio with additional facilities, including the Pod Antałówką II guesthouse and the Holiday Inn Resort hotel in Józefowie.

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Solorz's war with children. Cyfrowy Polsat issued a new press release

For several weeks, the topic of Zygmunt Solorz's dispute with his children has been ongoing from the front pages of newspapers. The businessman removed his children from the management of the Group's companies Polsat Plus. Recently digital Polsat issued a statement in which he referred to rumors about the company's internal situation. It was emphasized that the group was implementing the adopted strategy. “The Group's financial situation is stable and it consistently implements its strategy, settling its obligations towards financial institutions and bondholders in a planned manner. The Group is in a safe situation in terms of financial covenants. The doubts raised by the media regarding the threats arising from the credit documentation are groundless” – we could read in the message.



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