News
Information on a share transaction by a person discharging managerial responsibilities
2025.06.12.
Read moreAutoWallis increases its stake in Iniciál Group to 100%
AutoWallis Plc. has purchased an additional 40% stake in Iniciál Group, increasing its ownership to 100% in the company that holds a significant position in western Hungary and is engaged in the sale and servicing of eight vehicle brands.
2025.06.06.
Read moreAutoWallis to launch the premium electric car brand NIO in the region
The AutoWallis Group is taking yet another significant step to strengthen its international position by securing exclusive distribution rights for the electric NIO brand in the highest potential EV markets of the region, including Hungary, Austria, Czechia, Poland, and Romania as general distributor. Sales are expected to start in 2025 Q4 in Hungary and Austria and in 2026 in the other countries.
2025.06.03.
Read moreAutoWallis revenue up by 20% in the first quarter, almost two-thirds of which is now generated abroad
Despite a volatile macroeconomic environment, AutoWallis Group increased its revenue by more than 20% to reach HUF 107 billion in the first quarter while the company’s EBITDA dropped to HUF 3.3 billion, primarily because of the unfavorable operating environment. This record revenue was primarily driven by recent acquisitions and business development initiatives.
