Claim: MTI, founded in 1880 by the Parliament and owned by MTI Rt., is a Hungarian news agency that is considered to be one of the oldest news agencies in the world, a marketleader, and a ‘balanced and reliable source’.
Evidence: Magyar Távirati Iroda, a Hungarian news wire agency MTI is owned by MTI Rt., founded by the Parliament. MTI (Magyar Távirati Iroda, literally "Hungarian Telegraphic Office") is a Hungarian news agency. One of the oldest news agencies in the world, it was founded in 1880. It's a marketleader, and is considered by some sources to be a 'balanced and reliable source'.