• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
EuropeCzech Republic
Europe

Hungary’s Orban welcomes back ‘old ally,’ Czech billionaire Andrej Babiš

By
Karel Janicek
Karel Janicek
and
The Associated Press
Down Arrow Button Icon
December 9, 2025, 10:15 AM ET
Orban, Babis
Czech Prime Minister Andrej Babis (R) and his Hungarian counterpart Viktor Orban review a guard of honour during a welcome ceremony on September 29, 2021 in Prague. MICHAL CIZEK/AFP via Getty Images

Populist billionaire Andrej Babiš was sworn in Tuesday as the Czech Republic’s new prime minister, following October’s parliamentary election, as the next government is expected to steer the country away from supporting Ukraine and reject European Union policies on issues like the environment.

Recommended Video

Babiš, previously prime minister from 2017-2021, promised Czechs that he will fight for their interests “at home and anywhere in the world” and will do his utmost for the Czech Republic to become “the best place for life on earth.”

President Petr Pavel had asked him to form a government after his ANO, or YES, movement won big in the October ballot and agreed to form a majority coalition government with two small political groups, the Freedom and Direct Democracy anti-migrant party and the right-wing Motorists for Themselves.

The parties have agreed to create a 16-member Cabinet, with ANO holding eight posts and the prime minister’s office. The Motorists would have four and the Freedom party three. Pavel will appoint the entire Cabinet on Monday, his office said.

The new partnership makes up 108 seats in the 200-seat lower house of parliament, relegating the four center-right parties of the pro-Western government led by previous Prime Minister Petr Fiala to the opposition.

The new coalition is set to follow Hungary and Slovakia and shift the Czech Republic away from supporting Ukraine in Russia’s nearly four-year war. Coalition members are also critical of the EU, rejecting policies particularly on environment and migration.

“An old ally has returned,” Hungarian Prime Minister Viktor Orbán said of Babiš. Orbán is widely considered Russian President Vladimir Putin’s closest partner among EU leaders. “Welcome back on board Andrej!”

Babiš, 71, still faces fraud charges in a case involving EU subsidies, and the new parliament will have to lift his official immunity for a court to issue a verdict.

After he lost the 2021 parliamentary election, he was beaten by Pavel, a retired army general, in a vote for the largely ceremonial post of president.

Babiš was appointed as prime minister after he met a condition set by Pavel and publicly announced that he would get rid of his major businesses to avoid a conflict of interest that could arise from his private dealings and his political status.

Babiš owns around 200 companies under the Agrofert conglomerate. He said an independent trustee will be in charge of Agrofert in a trust fund, while it will be under control of an independent protector until he dies. His descendants will inherit it.

Babiš also owns a network of clinics and labs, while his close ally from ANO is a candidate for the hew health minister.

Inside the Fortune 500 Europe Webinar – February 11, 2026: Join Europe’s top business leaders as they explore the strategies shaping the future of the region’s most powerful companies. Register your interest.
About the Authors
By Karel Janicek
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Europe

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Most Popular

placeholder alt text
Future of Work
Malcolm Gladwell tells young people if they want a STEM degree, 'don’t go to Harvard.' You may end up at the bottom of your class and drop out
By Sasha RogelbergDecember 27, 2025
1 day ago
placeholder alt text
Banking
Russian official warns a banking crisis is possible amid nonpayments. 'I don’t want to think about a continuation of the war or an escalation'
By Jason MaDecember 27, 2025
24 hours ago
placeholder alt text
Europe
Christmas 500 years ago was a drunken 6-week feast that may have been considerably better than the modern holiday, medieval historian says
By Bobbi Sutherland and The ConversationDecember 25, 2025
3 days ago
placeholder alt text
Success
As millions of Gen Zers face unemployment, CEOs of Amazon, Walmart, and McDonald's say opportunity is still there—if you have the right mindset
By Preston ForeDecember 26, 2025
3 days ago
placeholder alt text
Politics
Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says
By Jason MaDecember 27, 2025
1 day ago
placeholder alt text
Retail
Trump just declared December 26th a national holiday. What's open and closed?
By Dave SmithDecember 26, 2025
3 days ago

Latest in Europe

SuccessCareer Advice
Cisco’s top exec and Amazon’s Andy Jassy share the same hiring red flag—and it’s something that can’t be taught
By Orianna Rosa RoyleDecember 27, 2025
1 day ago
xmas
Europehistory
Christmas 500 years ago was a drunken 6-week feast that may have been considerably better than the modern holiday, medieval historian says
By Bobbi Sutherland and The ConversationDecember 25, 2025
3 days ago
US Secretary of State Marco Rubio
PoliticsEurope
Trump administration bars 5 prominent Europeans from the U.S., accusing them of pressuring tech firms to ‘censor’ American speech
By Beatrice NolanDecember 24, 2025
4 days ago
Nespresso's CEO Anna Lundstrom
Successchief executive officer (CEO)
I cold-contacted LVMH boss and he hired me: How Nespresso’s U.K. CEO got her foot in the door of the notoriously hard-to-break luxury industry
By Orianna Rosa RoyleDecember 22, 2025
6 days ago
Successspace
Paraplegic engineer becomes the first wheelchair user to blast into space — laughing all the up, while on board a Blue Origin rocket
By Marcia Dunn and The Associated PressDecember 20, 2025
8 days ago
Yann LeCun smiles and adjusts his glasses
AIVenture Capital
AI whiz Yann LeCun is already targeting a $3.5 billion valuation for his new startup—and it hasn’t even launched yet
By Dave SmithDecember 19, 2025
9 days ago