Shareholders of listed car seller AutoWallis voted at an annual general meeting to put all of last year's profit into retained earnings, the company said on the Budapest Stock Exchange on Wednesday. It means that in addition to its existing resources, the AutoWallis Group may also allocate its after-tax profit of nearly HUF 5 billion […]
OTP Bank, Hungary's biggest commercial lender, strives for fair cooperation with the Tisza government, which is in the interest of both the Hungarian economy and businesses; the bank's activity will not decline in Hungary, chairman of the board, Sándor Csányi said at the bank's annual general assembly. OTP's management will soon hold consultations with the […]
At MOL Group’s Annual General Meeting this week, shareholders approved the Board of Directors' report on the 2025 financial results and adopted the consolidated financial statements. The General Meeting decided to pay a dividend of HUF 241 billion, and re-elected Dr. Oszkár Világi and Dr. György Bacsa as members of the Board of Directors for […]
PannErgy Plc. will not pay a dividend this year, and the profit for 2024 will be transferred to the profit reserve, according to a resolution published on the website of the Budapest Stock Exchange (BSE) on Friday. The general meeting approved the 2024 parent company income statement with a profit after tax of HUF 148 […]
The Zwack Unicum Plc., the biggest player in Hungary’s spirit market, had total gross sales of HUF 36 938 million in the 2023-2024 financial year – a year-on-year increase of HUF 1,574 million (4.5%). Net sales (sales revenues excluding excise tax and public health product tax [NETA]) were HUF 22 496 million, a year-on-year increase […]
OTP Bank surpassed all its previous results last year, and will continue the construction and expansion in the coming years, Sándor Csányi, Chairman and CEO of OTP Bank, said at the company's Annual General Meeting in Budapest on Friday. The CEO stressed that the company is the market leader in five countries and has a […]
At the Annual General Meeting of the British Chamber of Commerce in Hungary (BCCH), Duncan Graham has been re-elected as Chairman of the organization and new members have joined the Chamber's Council. The newly formed Council is appointed for the next two years. Duncan Graham is the Managing Director of financial and investment advisory firm […]
The Joint Venture Association held its 2022 Annual General Meeting in Budapest, closing the year 2022, with the election of a new Board, a new Supervisory Board, two new Ethics Committee members and the re-election of several former members. It was on January 1, 2022 that Tímea Buday Kollárik took over the management of the […]
