On Friday, the Budapest Stock Exchange (BSE) commemorated the 30th anniversary of the listing of the pharmaceutical giant Richter Gedeon Plc. with a ceremonial opening bell
Participation on the stock market has made a significant contribution to the success of the pharmaceutical company both at home and abroad, a BSE statement to MTI said, explaining the significance of the anniversary and stressing that Richter's development illustrates the strength of the Hungarian stock exchange and the opportunities it offers.
Richter CEO Gábor Orbán also believes that, in addition to solid foundations and continuous innovation, they needed an independent capital market presence to succeed. He is confident that the next 30 years will be at least as successful as the last, they wrote.
Founded in 1901, the company is one of the BSE's leading issuers and the third largest by market capitalization. It is also a member of the BUX index, the primary index of the Hungarian stock market, and the CETOP index, which reflects the performance of the shares of the largest capitalization and turnover companies in Central Europe.
Richter's shares are listed in the premium category, with its share price reaching an all-time high of HUF 11 260 in October, they added.


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