Estonia's Hansabank holds 8.4% of Állami Nyomda shares
Hansabank of Estonia has held 8.4% of the shares of listed Hungarian printing company Állami Nyomda Nyrt since August 29, ING Bank Zrt, acting as a custodian for the bank, announced in capital market gazette Magyar Tőkepiac on Wednesday.
Hansabank already held 6.95% of Állami Nyomda shares at the end of March this year, but it sold part of them by the end of June, when it was not listed among shareholders with a stake of more than 5%. Other major shareholders of the company include EG Capital SA (14.4% of the shares or 15.3% of voting rights), Royalton Investors Three (11.3%, 11.9%) and Genesis Emerging Markets Opportunities Fund Limited(7.6%, 8%).
Állami Nyomda had after-tax profit of Ft 411 million on sales of Ft 6.64 billion in the first half of 2006, according to unaudited consolidated IFRS figures. Profits fell 17% while sales rose 13% from a year earlier. Net assets stood at Ft 3.39 billion at the end of June 2006.
ADVERTISEMENT
Nagy: Reducing Inflation 'Most Important' Task for 2023
Hungarian Lawmakers Ratify Finland's NATO Accession
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.
