Raba shareholders decide to pay no dividend
Shareholders of Hungarian automotive industry company Raba decided at an annual general meeting yesterday that the company would pay no dividend and also approved it’s Hungarian Accounting Standards profit and loss statement, which shows a loss of HUF 298 mln.
The consolidated IFRS P+L statement showed a profit of HUF 871 mln. The shareholders mandated the board to purchase 150,000 treasury shares within the next 18 months. The state of Hungary owns just under 74% of Raba.
ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan
Hungary to Address Future of Cohesion Policy During EU Presi...
Foreign-owned Companies Generate Over Half of E-tail Turnove...
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
