Press releases
The Group periodically issues press releases to inform the public and stakeholders about events related to the company's business activities and other important information of public interest, both relevant to our companies and society. The most recent announcements published on the website are available for immediate media release.
The main owner supports the management of AutoWallis via company shares if the strategic goals are reached
The main owner of AutoWallis encourages the realization of the corporation’s strategy announced in spring by launching and Employee Share Ownership Plan (ESOP). The necessary 7.35% share portfolio has been provided by Wallis Asset Management free of charge. The management of AutoWallis and its subsidiaries can only receive the share, if the profitability targets are met.
2019.10.28.
Read moreAutoWallis: Growth even in the year of COVID-19, underpinned by transactions
Despite the COVID-19-related restrictions, and partly due to the six transactions realized last year, AutoWallis achieved a growth in vehicle sales surpassing the market average in 2020. The company listed in the Premium category of the Budapest Stock Exchange sold 39 percent more vehicles than in the previous year, while for the service sector, service activities expanded by 33 percent.
2019.09.25.
Read moreAutoWallis Sales Report
AutoWallis Plc., a company listed in the Premium category of the Budapest Stock Exchange, publishes the AutoWallis Sales Report presenting its aggregate sales data now for the first time.
2019.07.31.
Read moreAutoWallis increased the capital of its subsidiary
AutoWallis, listed in the Premium category of the Budapest Stock Exchange, increased the capital of its subsidiary Wallis Motor Duna by close to HUF 400 million, in order to provide financing for the company’s growth plans. AutoWallis is planning for a robust growth in the next 10 years, aiming to become a major mobility service provider in the Central and Eastern European region.
2019.06.28.
Read moreNew CEO to lead AutoWallis
AutoWallis has appointed a new chief executive officer with considerable capital market and management experience. Wallis and the automotive industry are both familiar for Gábor Ormosy, as he had previously worked as financial director at the Group, financial director at Wallis Autó Holding, and later undertook chief executive officer responsibilities as well.
