MENU
Articles by #hashtag

masterplast

10 hits

Hungarian-Polish Cooperation in Glass Wool Production

D&T
Jun 29, 2023

The Hungarian construction material manufacturing company MASTERPLAST Plc. has informed investors that this Wednesday, it signed a joint document with the Polish firm Selena FM S.A. to implement an investment in the production of glass wool in the framework of a strategic cooperation. According to the statement, Selena FM S.A., a globally experienced Polish manufacturer […]

Market and Masterplast Set Up a Joint Company

D&T
Jun 9, 2023

Masterplast Plc. and Market Építő Plc. have announced on the website of the Budapest Stock Exchange (BSE) on Friday that they have established a joint venture to develop and manufacture new building materials for Master Plaster and Master Builder Construction. The two companies had a strategic cooperation agreement on the establishment of Budapest-based MIP Alapanyaggyártó […]

Masterplast Reports Falling Q1 Revenues

D&T
May 11, 2023

As a result of the significant decline in the construction market and lower demand, the building insulation materials firm Masterplasts's revenue decreased by 27% compared to base in the first quarter. According to the company report published on the website of the Budapest Stock Exchange, in the sharply competitive market, Materplast was only able sell […]

Masterplast: Lower Sales and a Loss-making 4th Quarter

D&T
Feb 23, 2023

As result of the negative economic effects also in connection with construction industry and shrinking markets the building insulation materials firm Masterplast's sales decreased by 17% in Q4 compared to the base period, the company has reported on the website of the Budapest Stock Exchange. Despite that, during base quarter, Masterplast with strategic inventory had […]

MASTERPLAST Acquires Glass Wool Production Investment

D&T
Jan 18, 2023

MASTERPLAST, the largest Hungarian-owned building materials manufacturer in the Central European region, has announced on the website of the Budapest Stock Exchange that it entered into a sales and purchase agreement for the acquisition of 100% of the shares PIMCO Ltd. This makes MASTERPLAST the sole shareholder of PIMCO Ltd. PIMCO Ltd. has a 4.3-hectare […]

Masterplast Reports Highest Ever Third Quarter Profit

D&T
Nov 10, 2022

The Hungarian construction material production company's sales increased by 9% in Q3 compared to the base period – in economic recession fears environment – driven by strong sales performance related to insulation products. A statement published on the website of the Budapest Stock Echange highlights that the impact of increased inventory levels at higher prices […]

Masterplast Posts Excellent Sales Figures

D&T
Aug 18, 2021

The building industry insulation materials company Masterplast increased its sales by 108% in the second quarter relying on its strong supply chain, high inventories and market position, according to its half-year report published on the website of the Budapest Stock Exchange. The sales increase came as the coronavirus situation improved, global construction demand strengthened significantly, […]

Masterplast Focusing More on the Healthcare Industry

D&T
Apr 27, 2021

The Hungarian company Masterplast turns from a classic construction firm into a company that is increasingly focused on the insulation industry and has strategic positions in the healthcare industry as well, CEO Róbert Nádasi told the business daily Világgazdaság. With the acquisition of a German plant in Aschersleben, near Leipzig, last year, Masterplast also took […]

Hungarian Government Subsidizes Project in Serbia

D&T
Jan 9, 2021

The Hungarian construction material company MASTERPLAST is starting a project, to be implemented at its subsidiary, MASTERPLAST YU D.o.o. located in Subotica, northern Serbia. The project is supported by Hungarian taxpayers. With the project, the glass fabric production capacity will be expanded by 25%, the existing weaving and coating machine park will be modernized, a […]

MASTERPLAST Acquires Fidelis BAU

D&T
Jul 1, 2020

The Hungarian construction material firm MASTERPLAST Co. Ltd. has informed investors at the website of the Budapest Stock Exchange that it acquired the 100% share in Fidelis BAU Ltd. According to a share purchase agreement signed on July 1, 2020, the purchase price of the share consists of a fixed amount of HUF 100,000,000, and […]

© Copyright 2024 Duax Kft. –  All rights reserved.
sun