The legal predecessor, Magyar Vagon- és Gépgyár Rt. (Hungarian Railway Carriage and Machine Works) was founded in 1896 as a transport vehicle manufacturer. Today, it operates as a holding company; its activities are grouped into axles, automotive parts and vehicle businesses. The company s driving sector is the axle business, representing nearly two thirds of its revenues, which manufactures axles and axle components for heavy trucks and buses, as well as for power machinery and more specialised vehicles. As a result of a strategy introduced in 2000 (restructuring of the holding, extensive efficiency enhancing measures, territorial reconstruction, comprehensive real estate program for a strategy-based utilisation) the company s activity in Győr is now centred on a single site.
Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of at least 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds at least 5% of the total number of securities outstanding.
Management
Management Board
PINTÉR István chairman, MARTIN Olivér, HRABOVSZKI Róbert, Alan SPENCER, Dr. HAJDU Tibor Zoltán, Dr. BORBÍRÓ Zoltán, Dr. SZÉKÁCS Péter, WÁBERER György,
Management
PINTÉR István (CEO), BALOG Béla (Deputy CEO), VISSI Ferenc (director), SZABÓ József (director), URBÁNYI László (managing director), TORMA János (managing director)
Supervisory Board
Dr. BENEDEK János chairman, VARGA Zoltán, SÁNDORFI Balázs, Dr. POLACSEK Csaba, Dr. MARKOVICS Mirjána, Dr. KERÉKGYÁRTÓ János
