News
AutoWallis may continue its growth on the Slovenian market after completing the purchase of Avto Aktiv
The AutoWallis Group has successfully closed the buyout of the activities and the purchase of the real estate properties of Avto Aktiv, allowing the automotive company registered on the Hungarian stock exchange to concentrate on continuing its growth. Thus far, AutoWallis has carried out two successful acquisitions in Slovenia, making it a major player on the nation’s vehicle retail market: it sells 4 vehicle brands in 5 cities and is examining the possibility of including additional brands and making new acquisitions.
2022.04.05.
Read moreProposal for the Annual general Meeting of Autowallis
AutoWallis Plc has today published the proposals and related documents for its Annual General Meeting called for 29 April 2022.
2022.04.05.
Read moreNumber of voting rights and composition of share capital as of 31 March 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.03.31.
Read moreAnother vehicle brand is being added to the AutoWallis’s retail portfolio
AutoWallis continues its growth and expands the number of vehicle brands sold by the Group’s Retail & Services Business Unit by starting retail sales of SsangYong vehicles in Hungary. AutoWallis already represents the South Korean brand on three regional markets besides the Hungarian, but it has previously concentrated on the Distribution Business Unit. This step is well aligned with the Group’s strategy to grow organically through acquisitions and business development, making the brands it already represents, together with related services, available in more and more countries in the retail sector.
2022.03.21.
Read moreThe weight of AutoWallis shares in the BUX index almost doubles
The weight of AutoWallis shares in the BUX basket increases by more than 90% compared to the last Budapest Stock Exchange resolution of last September. Based on this decision, the shares of the listed automotive company will have a weight factor of 0.5098% in the index as of March 21, thereby occupying the 10th highest position in the list.
2022.03.16.
Read moreNo negative effects on AutoWallis’s business and strategy by the Russian-Ukrainian war
The Russian-Ukrainian war and the economic sanctions imposed on Russia have no direct effects on AutoWallis Group’s business. The Group is present in 14 countries in the Central and Eastern European region but has no interests in Russia or Ukraine; moreover, it represents 16 brands, so its activities are diversified and crisis-proof. AutoWallis maintains the updated strategy and planned figures published last autumn and considers the Company’s share price to be undervalued given the analyst consensus. However, management is monitoring the situation in Ukraine with concern and hopes for a reassuring conclusion as soon as possible.
2022.03.03.
Read moreNumber of voting rights and composition of share capital as of 28 February 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.02.28.
Read moreBest of BSE: AutoWallis has again been recognized with the “The Share Capital Increase of the Year” Award
AutoWallis has once again won the “The Share Capital Increase of the Year” Award conferred by the Budapest Stock Exchange (BSE) professional jury at the Best of BSE Award 2021 Gala after the automotive company registered on the Hungarian stock exchange closed its public offering with results that exceeded all expectations.
2022.02.23.
Read moreNumber of voting rights and composition of share capital as of 31 January 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
