Minor Holding considers bourse listing
Minor Holding Zrt, a company present on many segments of Hungary's IT market, is considering listing its shares on the Budapest Stock Exchange (BÉT) or drawing in capital from a strategic investor, newly appointed CEO Péter Dobozi said on Wednesday.
Minor Holding includes among its units systems integration company Minor Rendszerház Zrt, electronics training company Trainer Kft, electronic waste collection company Comp-Cord Kht, uninterrupted power supply company Wattmester Kft and information security company SmartCard Kft.
Minor Holding expects to close 2006 with revenue of more than Ft 6 billion, up from Ft 5 billion in 2005. Minor Rendszerház, the biggest of Minor Holding's units, is expected to generate revenue of Ft 5 billion, said Imre Takács, Minor Holding's owner. He declined to reveal a profit target, but said the company aims to increase its current 30% profit-revenue ratio.
Dobozi was previously CEO of Antenna Telecommunications Zrt, a subsidiary of broadcaster Antenna Hungária Zrt, before taking his position with Minor Holding.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.