News
Scope Ratings affirms AutoWallis’s credit rating score in recognition of its successful growth strategy
Scope Ratings has completed the annual review of AutoWallis Plc’s credit rating score, taking into account the company’s new, updated growth strategy and the business plan containing its financing plans. In line with these plans, AutoWallis hopes to again double its figures by 2028 to realize revenue of HUF 750 billion and an EBITDA of HUF 40 billion. The independent institute affirmed its rating of the company and its debts with a stable outlook, recognizing its success in managing exceptional growth.
2024.07.03.
Read moreThe AutoWallis Group’s fleet management activity continues operations as wigo fleet
Nelson Flottalízing, part of the AutoWallis Group, will be continuing its fleet management activity under the wigo fleet brand name. Together with the rebranding, the AutoWallis Group is consolidating a number of mobility service-related activities in a single company in the interest of better exploiting synergy effects and delivering an even better customer experience. With this step, AutoWallis, listed in the Prime Market of the Budapest Stock Exchange, is creating the first integrated mobility service provider in Hungary.
2024.07.03.
Read moreAutoWallis enters the retail market of yet another country
The AutoWallis Group has entered the Czech vehicle retail market after successfully closing the purchase of Stratos Auto’s three BMW dealerships. In the transaction, the major vehicle trading company and mobility service provider in the Central and Eastern European region purchased BMW dealerships in Prague and two other Czech cities.
