György Waberer to Part With Stake in Namesake Haulage Company

????????????

Listed hauler Waberer's International on Tuesday said it was notified that Merkport, a member of BDPST Group, agreed to acquire 22.88% of Waberer's shares from High Yield, a company owned by György Waberer, who built up Waberer's over more than two decades, according to a report by state news wire MTI.

After the transaction is closed, BDPST Group's and Merkport's stake in Waberer's will increase to 49.46%.

Waberer's announced György Waberer's resignation from the board of directors later on Tuesday.

Analysis

MBH Forecasts 1.8% Hungarian Growth and Inflation as Consumption Supports Recovery

Int'l Relations

All Hungarian University Students to Regain Erasmus Access by October, Official Says

ÁKK: Euro Adoption May Cut Hungary’s Debt Costs by 50%

Figures

Hungary’s Average Gross Earnings up 7.5% in July

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 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.