The man behind a construction company that recently went bankrupt with $7 million drives a McLaren and runs a successful video content app that recently took over PR queen Roxy Jacenko’s Instagram account.
Main Facilities Pty Ltd, which traded as Main Industries, plunged into administration last Wednesday.
The company primarily carried out contract work for the New South Wales State Government on schools, health care, courts and corrections projects.
Company director George Bancs – who drives a $580,000 2023 McLaren Artura with personalized number plates – blamed the construction company’s collapse on the government putting end of contracts with them.
Mr. Bancs has worked in the construction industry for 26 years and started his business in 2013.
He also founded the social video content platform WWEEVV which has just under 95,000 followers on Instagram.
George Bancs owns construction company Main Industries, which recently fell into administration
Mr Bancs’ WWEEVV app recently took over Roxy Jacenko’s Sweaty Betty PR Instagram account in October last year after her “business ceased operations” when she retired.
The app allows users to see content from their favorite creators on one platform, rather than having to switch between apps like TikTok and Instagram.
WWEEVV even recently took over Jacenko’s Sweaty Betty PR Instagram account in October last year after her “business went out of business” when she retired.
‘WWEEVV has taken over my Sweaty Betty PR Instagram account. The company ceased operations in November 2022 when I retired from public relations,” she said at the time.
Mr. Bancs also owns the Talk5 app, an artificial intelligence-based platform that promotes workplace safety.
The app’s website says it allows employees, contractors, vendors, and managers to “seamlessly complete integrations through voice commands, interact in their native language, and cultivate a more relaxed workspace.” safe and more inclusive.”
Mr Bancs was spotted in a snap at a black tie event where he represented Talk5 at Sydney’s Doltone House for the Biaggio Signorelli Foundation gala dinner in November.
Mr. Bancs owns the successful social video content platform WWEEVV. He is seen at Doltone House in Sydney for the Biaggio Signorelli Foundation gala dinner in November
Mr Bancs is pictured alongside NSW Premier Chris Minns.
The foundation raises funds for asbestos safety and awareness initiatives. Guy Sebastian was seen performing at the lavish event last year.
Mr Bancs is also a car lover and took up motorsport as a hobby, racing his McLaren with other amateur drivers.
“In motorsport, the pressure, teamwork and stress are just as intense as in business, but the transaction is much more immediate: you sign in and you get out on the track. Literally instant gratification,” he told FR in November.
Mr Bancs said he was even preparing to put together a team for GT World Challenge Australia later this year.
He also once featured in a video with popular TikTokker Fonzie Gomez, known for interviewing wealthy businessmen and celebrities and asking them how they became successful.
Mr Bancs is seen interviewed by popular TikTokker Fonzie Gomez while sitting in his $580,000 McLaren
Mr Bancs, sitting in his black McLaren, said his first job was working in a fruit market, folding sacks of potatoes.
Main Facilities owes a total of $7 million to its creditors, including its 15 employees and Mr. Bancs, news.com.au reported.
The Australian Taxation Office is owed $2.4 million, according to administrator Mohammad Najjar.
Mr Bancs told the publication their government contracts dried up when Labor came to power last March.
“Once the Labor government came to power, they froze spending. They left us out to dry,” he said.
A government spokesperson denied the report and said the company had recently “received contracts for maintenance work at several public schools in New South Wales”.
“The company also recently completed the roof renovation of Hornsby and Wollongong courts,” they said.
One worker claimed he stopped receiving retirement benefits and staff were told not to return to work via a Zoom call last Tuesday.
Mr. Bancs said he invested $700,000 of his own money in the business.
The director also wears a Rolex watch and designer brands.
“Everything I personally wear belongs to me personally and does not belong to the company,” Mr. Bancs told the publication.
Main Facilities Pty Ltd entered administration last Wednesday. Main Facilities director George Bancs (pictured) blamed the collapse on the government terminating contracts with them.