News
The Budapest Festival Orchestra is launching a talent scout program with support from AutoWallis
Budapest Festival Orchestra, rated among the world’s top ten classical music ensembles, is launching a program to find and develop young musical talent. The complex program, which is already keeping tabs on the development of 11 young talents, is supported by the AutoWallis Group, which itself relies on the value-added work of talented young people.
2022.05.25.
Read moreAutoWallis launches yet another new ESOP remuneration policy
AutoWallis has launched its third results-based remuneration policy to support its strategic goals as part of the Employee Share Ownership Plan (ESOP). The goal of the two-year remuneration program is to provide further incentives to a certain circle of managers and employees and make them interested in the achievement of strategic goals.
2022.05.24.
Read moreInformationon the new remuneration policy under the ESOP and the conclusion of a call option
2022.05.24.
Read moreAutoWallis to use its record profits continue growth strategy
AutoWallis’ General Meeting has decided to allow treasury shares purchases, authorized capital increases, and passed resolutions on how to utilize its after-tax profits, among other items. The shareholders of the listed automotive company intend to use last year’s profits to further implement its dynamic growth strategy.
2022.04.29.
Read moreNumber of voting rights and composition of share capital as of 30 April 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.
2022.04.29.
Read moreAutoWallis closed 2021 with record profits exceeding its plans
The AutoWallis Group closed 2021 with profits significantly exceeding its own plans and an EBITDA of HUF 7.8 billion, despite the prolonged coronavirus epidemic and manufacturing difficulties due to chip shortages. The revenue of the automotive company registered on the Hungarian stock exchange set a new record by more than doubling to nearly HUF 200 billion, while its margin generation and operational efficiency increased significantly. In addition to earlier acquisitions, AutoWallis’s expansion was driven by organic growth that surpassed domestic and regional market averages.
2022.04.05.
Read moreAutoWallis 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.
