Comment by chx

Comment by chx 2 days ago

7 replies

As it can be expected the situation is extremely murky. Hungarian press is abuzz with this, I will translate a few hard facts and leave speculation to others. I will also use English sources as appropriate. Hungarian sources are below the list, you can run them through automated translation to fact check me.

* There's a small consulting company called BAC after the initials of the founder Bársony-Arcidiacono Cristiana. One of their services is https://archive.fo/kwTKA "We develop international technology cooperation among countries for the sale of telecommunication products. This cooperation entails scaling up a business from Asia to new markets e.g. developing countries". Their home page https://archive.fo/dXtMx lists these: Strategic Advisor for major International Organizations including Financial companies (Venture Capitals, IAEA, UNESCO, CNRS, EC, etc.). Business Developer and Savvy Analyst for Innovative/ Solutions in diverse fields (Sustainable Development (SDGs), Water, Energy, Resilience-Mitigation-Adaptation, Capacity Building, Complex Emergencies, Digitalization (AI, Blockchain, ICT) within Humanistic Economy.

* The official place of business is just a business "placeholder". The woman who answered the doorbell for journalists said no one ever from BAC is there, maybe once a month a mail comes which she receives.

* This house is also the registered address for a number of companies. Two companies have Russian owners. One of them is an oil wholesaler.

* BAC revenue in 2023 was 210 million forints and 13 million profit. What's remarkable is how person-related expenses (payroll etc) was a mere 0.5 million forints for the entire year. Hungarian monthly minimum wage was a bit over 0.25M HUF. One million HUF is about 2820 USD.

* NBC talked to the founder. According to her "I don’t make the pagers. I am just the intermediate. I think you got it wrong". https://www.nbcnews.com/news/world/taiwan-firm-denies-making...

* The founder's linkedin is still up https://www.linkedin.com/in/cristiana-b%C3%A0rsony-arcidiaco... Her PhD from 2006 is at https://ucl.primo.exlibrisgroup.com/discovery/fulldisplay?do... so it seems real.

https://hvg.hu/kkv/20240918_hezbollah-bac-consulting

https://archive.is/QWlXw

https://telex.hu/belfold/2024/09/18/mit-lehet-tudni-a-magyar...

In conclusion, if I needed to speculate based on the LinkedIn page and the archived consulting page, what gives me pause: if this woman indeed exists she is one of the most talented people in all of Hungary. Seven languages, degrees in diverse fields and a PhD in physics. At the same time, I have indeed found a PhD from 2006 and her grants and scholarships from even earlier are probably not hard to verify either. I do not know what to think.

weweersdfsd 2 days ago

To me the content archived consulting page looks very much like something a large language model would generate. Impressive, but doesn't make any sense considering the size of this company. Probably good enough to fool Hezbollah anyway.

  • chx 2 days ago

    She purportedly got a PhD in London, UK. Now I do not speak English that well but to me this sentence "This cooperation entails scaling up a business from Asia to new markets e.g. developing countries" does not look correct. Is it...?

    • Reubend a day ago

      It's grammatically correct, but it's very awkward. Most people would say "We partner with technology companies to introduce their products to new markets in developing countries".

      As it's written, it only mentions "a business" (singular) when it likely means multiple businesses. It also uses the word cooperation, which has different connotations than a partnership. Typically, business will say that they "cooperate" with governments, standards bodies, or trade restrictions. For friendly and mutually profitable agreements, they'll use the word "partner" to indicate that both parties benefit.

anonu 2 days ago

https://web.archive.org/web/20240401000000*/www.bacconsultin...

The timeline of web archive snapshots is strange. No real change or activity for years - then a flurry of changes in 2024.

bloopernova 2 days ago

And now there's a second set of explosions, this time using handheld radios.

I'm hopeful that this won't escalate, but I'm very anxious that it will.