News
AutoWallis becomes SsangYong importer in four new markets
The AutoWallis Group is further strengthening its position in the region by acquiring the import rights for SsangYong in four new countries: Bosnia-Herzegovina, Kosovo, Montenegro, and Serbia. Together with the Hungarian market, AutoWallis will now be the exclusive importer of the South Korean brand in nine regional markets.
2024.03.06.
Read moreExtraordinary Information: Admission of shares to trading on the stock exchange
2024.03.05.
Read moreAutoWallis enters the Czech retail market with an acquisition
The AutoWallis Group is breaking into the retail market of yet another country after agreeing on the purchase of the Czech Stratos Auto’s BMW business unit. Under the agreement, AutoWallis will be present in three Czech cities, among them Prague, acquiring close to 10% of the BMW market in the Czech Republic.
2024.03.05.
Read moreMore than HUF 360 billion in revenue and dynamic growth in profits at the AutoWallis Group in 2023
2024.02.29.
Read moreThe AutoWallis Group to be Opel importer for another 5 years in Hungary and three other countries in the region
The major German auto maker has extended the AutoWallis Group’s Opel wholesale contract for another five years for four countries in the Central and Eastern European region. As AutoWallis has represented Opel in Hungary, Bosnia-Herzegovina, Croatia, and Slovenia since 2020, the current contract will help bolster cooperation.
2024.02.22.
Read moreFive years on the stock market: four-fold revenue and ten-fold profit at AutoWallis Group
The AutoWallis Group has seen immense growth since it was listed on the stock market five years ago: its revenue has increased by a factor of four and its profits by a factor of ten thanks to its consistently implemented growth strategy, in which expansion was supported by both acquisitions and organic development.
2024.02.12.
Read moreThe primary owner supports the continued growth of AutoWallis with a capital increase of HUF 5.7 billion
The primary owner is supporting AutoWallis’s plans for international growth with a capital increase of HUF 5.7 billion, further strengthening the already strong capital position and balance sheet structure of the regional car sales and mobility service provider.
2024.01.26.
Read moreAutoWallis Sales Report Q1-Q4 2023: The increasingly dominant AutoWallis Group closed 2023 with yet another record year at the regional level
The AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays an increasingly important role in the region and has increased its vehicle sales by more than 40 percent while also showing strong growth in services.
