Press Releases

  • 2020
  • 2019
  • 2018
  • 2017

AutoWallis acquires majority ownership in Iniciál Autóház

AutoWallis  acquires an additional 20 percent share in Iniciál Autóház Kft., increasing its ownership to 60 percent in this significant company of the Western Hungarian region involved in the sales and after-sales services of seven vehicle brands. AutoWallis Plc. will acquire an additional 20 percent ownership in Iniciál Autóház Kft. (Iniciál), this dynamically growing company
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AutoWallis Sales Report H1 2020

New vehicle sales performed above market average in the first half Despite the significantly deteriorating environment due to the COVID-19 epidemic, new vehicle sales at AutoWallis performed above market average in the first half: while in Hungary there was a 25% average decrease in domestic sales, this was only 5.6% for AutoWallis. At the same
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AutoWallis to become importer of the Opel brand in three Central and Eastern European countries

AutoWallis takes another significant step towards international expansion, to become the importer of the Opel brand in Croatia, Slovenia, as well as in Bosnia and Herzegovina. For the group, this can greatly increase the revenue and the number of new vehicles sold. Wallis Automotive Europe (WAE Ltd.), a subsidiary of AutoWallis, shall – upon the
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AutoWallis Group acquires Iniciál Autóház, the dominant car dealer in West-Hungary 

As a new step in the cooperation established last year with Iniciál Group, having 25 years of experiences in car trade, AutoWallis acquires 40% stake of Iniciál Autóház Ltd., the dominant car dealer in West-Hungarian Region, engaged in selling and servicing seven car brands. Zsolt Taródy, the founder of the Company will remain the managing
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AutoWallis expansion: the company takes over the largest Slovenian BMW dealership

Upon successfully closing the transaction of taking over the only BMW dealership in the Slovenian capital, AutoWallis shall enter the country’s automotive retail market, thus strengthening its presence in the Central and Eastern European region. The Ljubljana BMW dealership, which is also the largest one in Slovenia, opened in 2006, and besides the sales and
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AutoWallis: 10 percent growth in the first quarter

In spite of the deteriorating environment, AutoWallis has managed to increase its revenue by 10% to HUF 20.2 billion in the first quarter of this year. Domestic sales increased by 21%, international sales by 1%, while the revenue of the Automotive Services Business Unit by 13%. The temporary negative impact of the COVID-19 virus could
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AutoWallis: Starting the implementation of the funds raised within the Funding for Growth Scheme

AutoWallis has started a new company for the efficient and transparent handling and implementation of the funds from the bonds issued within the Funding for Growth Scheme of the Hungarian National Bank. AW Csoport Szolgáltató Kft. will use the funds from the HUF 3 billion nominal value bond issued in April for refinancing the loans
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New board member elected by AutoWallis

AutoWallis Plc. has elected a new board member with significant management experience. Gábor Dévai has been head of the vehicle rental subsidiary of the group for nearly 20 years, being also responsible for the Hungarian presence of the Sixt brand.   Gábor Dévai has been named as the new board member by the board of AutoWallis
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AutoWallis Sales Report * Q1 2020

 AutoWallis: more than 20% increase in the sales of new vehicles in the first quarter  Based on preliminary data, new vehicle sales at the AutoWallis group continued the increasing trend from the previous year in the first quarter of 2020 as well: the growth was driven by international sales with a 22.5% increase, while 20.6%
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COVID-19: the members of the AutoWallis Group support healthcare professionals fighting COVID-19 with free car usage and servicing

Hundreds of healthcare professionals fighting COVID-19 receive support from the members of the AutoWallis Group in the form of free car usage, servicing, and vehicle disinfection. The stock exchange automotive company helps the fight against this epidemic to the best of its ability via its own assets and the cooperation of its employees. The support
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In order to realize its objectives regarding the expansion in Hungary, AutoWallis has entered into a cooperation agreement with the founder of Western Hungary’s prominent automotive retailer, the Iniciál Group, which is expected to reach a turnover of HUF 19.3 billion this year. The main purpose of the agreement is to jointly increase their presence
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The AutoWallis Group obtained the sales rights of Jaguar Land Rover in Hungary

Wallis Automotive Europe, a subsidiary of AutoWallis Plc., has obtained the exclusive importer rights of Jaguar Land Rover vehicles and spare parts in a new country, this time in Hungary. Based on the outcome of the international tender, Wallis Automotive Europe will start selling Jaguar and Land Rover vehicles in the Hungarian market from April,
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AutoWallis: Sixt and Wizz Air enters into a cooperation

Wizz Air and Sixt entered into a cooperation agreement, through which the car rental company offers reduced rental rates and other comprehensive services to the passengers of Wizz Air. In return, Sixt customers receive a benefit with every rental through the Flight Credit program of Wizz Air. The agreement covers the entire international Sixt network,
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AutoWallis Sales Report * Q1-Q3, 2019

AutoWallis: the third quarter also brings strong sales results in all three business units AutoWallis has increased its new vehicle sales by almost one fifth, and advanced its used vehicle sales by 56%, while the Group has also produced good results in the service sector in the first nine months of the year. The organic
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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 shares, if the profitability targets are
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AutoWallis has received the credit rating necessary for the participation in the Bond Funding for Growth Scheme

 AutoWallis is seriously considering the possibility of participating in the Bond Funding for Growth Scheme (BGS) launched by the Hungarian National Bank (MNB), and it has only acquired the credit rating necessary as a prerequisite. Upon the request of the MNB, Scope Ratings carried out the rating of the corporation, giving it a B+ rating.
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The main owner initiates a share ownership program for the management of AutoWallis, in support of the company’s strategic plans

The main owner of AutoWallis, Wallis Asset Management, launches an Employee Share Ownership Program (ESOP) tied to reaching certain performance targets, in support of the strategic objectives of the corporation, for which it provides the necessary 7.3% share portfolio free of charge. At the beginning, 25 managers of AutoWallis and its subsidiaries will participate in
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AutoWallis 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
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AutoWallis shares now listed in Premium category

Less than five months after having its new shares listed on the stock exchange, the AutoWallis shares are already traded in the Premium category of the Budapest Stock Exchange. Since spring, the automotive stock exchange company has been listed in the BUX and BUMIX, and certain FTSE indices as well. With the category change, the
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Modified corporate events calendar

AutoWallis Plc. corporate events for 2020 Date* Event 31 January 2020 Publication of the 2019Q4 Sales Report 30 March 2020. Publication of the invitation for the Annual General Meeting of 2019 financial year 8 April 2020. Publication of the proposals and draft resolutions for the Annual General Meeting and the IFRS, consolidated and individual annual
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Extraordinary information – own shares

In reference to the extraordinary notice published on 2 July 2020, AutoWallis Nyilvánosan Működő Részvénytársaság (registered office: 1055 Budapest, Honvéd utca 20., company registration number: 01-10-047350, hereinafter referred to as: Company) hereby notifies the company’s esteemed investors of the following: Pursuant to the share sale and purchase agreement concluded by and between the Company and
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Information on the listing of shares

With reference to the extraordinary notice published on 27 March and on 1 July 2020, AutoWallis Nyilvánosan Működő Részvénytársaság (corporate registry number: 01-10-047350; registered seat: 1055 Budapest, Honvéd utca 20.; hereinafter: “Issuer”), hereby informs its respected investors about the following: According to the resolutions of the Board of Directors the registered capital of the Issuer
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Extraordinary information: Iniciál apport

AutoWallis Nyilvánosan Működő Részvénytársaság (corporate registry number: 01-10-047350; registered seat: 1055 Budapest, Honvéd utca 20.; hereinafter: “Issuer”), hereby informs its respected investors about the following: The Issuer has concluded a contract of contribution in kind with Taródy Operatív Korlátolt Felelősségű Társaság (registered seat: 9028 Győr, Külső Veszprémi út 6 ., corporate registry number: 08-09-031617; hereinafter:
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AutoWallis acquires majority ownership in Iniciál Autóház

AutoWallis  acquires an additional 20 percent share in Iniciál Autóház Kft., increasing its ownership to 60 percent in this significant company of the Western Hungarian region involved in the sales and after-sales services of seven vehicle brands. AutoWallis Plc. will acquire an additional 20 percent ownership in Iniciál Autóház Kft. (Iniciál), this dynamically growing company
Read more

Composition of share capital and number of voting rights

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. Composition of share capital as of 31 July 2020:
Read more

AutoWallis Sales Report H1 2020

New vehicle sales performed above market average in the first half Despite the significantly deteriorating environment due to the COVID-19 epidemic, new vehicle sales at AutoWallis performed above market average in the first half: while in Hungary there was a 25% average decrease in domestic sales, this was only 5.6% for AutoWallis. At the same
Read more

AutoWallis to become importer of the Opel brand in three Central and Eastern European countries

AutoWallis takes another significant step towards international expansion, to become the importer of the Opel brand in Croatia, Slovenia, as well as in Bosnia and Herzegovina. For the group, this can greatly increase the revenue and the number of new vehicles sold. Wallis Automotive Europe (WAE Ltd.), a subsidiary of AutoWallis, shall – upon the
Read more

Extraordinary Announcement

AutoWallis Public Limited Company (company registration number: 01-10-047350; registered office: 1055 Budapest, Honvéd utca 20.; hereinafter the “Issuer”), by reference to the Extraordinary Announcement published on 2 July 2020, hereby informs its investors about the following: The contribution-in-kind transaction concluded with DC-INI Vagyonkezelő Korlátolt Felelősségű Társaság (registered office: 9022 Győr, Bajcsy Zs. út 52., Building
Read more

AutoWallis Group acquires Iniciál Autóház, the dominant car dealer in West-Hungary

AutoWallis Group acquires Iniciál Autóház, the dominant car dealer in West-Hungary
Read more

Modified corporate events calendar

AutoWallis Plc. corporate events for 2020 Date* Event 31 January 2020 Publication of the 2019Q4 Sales Report 30 March 2020. Publication of the invitation for the Annual General Meeting of 2019 financial year 8 April 2020. Publication of the proposals and draft resolutions for the Annual General Meeting and the IFRS, consolidated and individual annual
Read more

Extraordinary information – own shares

In reference to the extraordinary notice published on 2 July 2020, AutoWallis Nyilvánosan Működő Részvénytársaság (registered office: 1055 Budapest, Honvéd utca 20., company registration number: 01-10-047350, hereinafter referred to as: Company) hereby notifies the company’s esteemed investors of the following: Pursuant to the share sale and purchase agreement concluded by and between the Company and
Read more

Information on the listing of shares

With reference to the extraordinary notice published on 27 March and on 1 July 2020, AutoWallis Nyilvánosan Működő Részvénytársaság (corporate registry number: 01-10-047350; registered seat: 1055 Budapest, Honvéd utca 20.; hereinafter: “Issuer”), hereby informs its respected investors about the following: According to the resolutions of the Board of Directors the registered capital of the Issuer
Read more

Extraordinary information: Iniciál apport

AutoWallis Nyilvánosan Működő Részvénytársaság (corporate registry number: 01-10-047350; registered seat: 1055 Budapest, Honvéd utca 20.; hereinafter: “Issuer”), hereby informs its respected investors about the following: The Issuer has concluded a contract of contribution in kind with Taródy Operatív Korlátolt Felelősségű Társaság (registered seat: 9028 Győr, Külső Veszprémi út 6 ., corporate registry number: 08-09-031617; hereinafter:
Read more

AutoWallis acquires majority ownership in Iniciál Autóház

AutoWallis  acquires an additional 20 percent share in Iniciál Autóház Kft., increasing its ownership to 60 percent in this significant company of the Western Hungarian region involved in the sales and after-sales services of seven vehicle brands. AutoWallis Plc. will acquire an additional 20 percent ownership in Iniciál Autóház Kft. (Iniciál), this dynamically growing company
Read more

Composition of share capital and number of voting rights

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. Composition of share capital as of 31 July 2020:
Read more

AutoWallis Sales Report H1 2020

New vehicle sales performed above market average in the first half Despite the significantly deteriorating environment due to the COVID-19 epidemic, new vehicle sales at AutoWallis performed above market average in the first half: while in Hungary there was a 25% average decrease in domestic sales, this was only 5.6% for AutoWallis. At the same
Read more

AutoWallis to become importer of the Opel brand in three Central and Eastern European countries

AutoWallis takes another significant step towards international expansion, to become the importer of the Opel brand in Croatia, Slovenia, as well as in Bosnia and Herzegovina. For the group, this can greatly increase the revenue and the number of new vehicles sold. Wallis Automotive Europe (WAE Ltd.), a subsidiary of AutoWallis, shall – upon the
Read more

Extraordinary Announcement

AutoWallis Public Limited Company (company registration number: 01-10-047350; registered office: 1055 Budapest, Honvéd utca 20.; hereinafter the “Issuer”), by reference to the Extraordinary Announcement published on 2 July 2020, hereby informs its investors about the following: The contribution-in-kind transaction concluded with DC-INI Vagyonkezelő Korlátolt Felelősségű Társaság (registered office: 9022 Győr, Bajcsy Zs. út 52., Building
Read more

AutoWallis Group acquires Iniciál Autóház, the dominant car dealer in West-Hungary

AutoWallis Group acquires Iniciál Autóház, the dominant car dealer in West-Hungary
Read more