Forras, Trust

Forras Trust and Investment Co.

31.07.2007 - 12:23:44

 
The company's legal predecessor was founded by Hungarian Privatization and State Holding Company (ÁPV) on April 29, 1998, under the name Váltó-3 Szivárvány Trust and Investment Ltd., a single-person limited liability company with registered capital of HUF 40 million.
 
The main activities of the Company include:
- Asset management, where the portfolio contains assets in the form of shares or company stakes issued by companies that had been acquired by FORRÁS Co. prior to the equity raise, as a contribution or new investment.
- Liquid portfolio, which contains shares listed on the stock exchange, bank deposits and state securities.
- Real estate management, where the portfolio contains real estate acquired by FORRÁS Co. as a contribution or new investment, and also includes real estate management and utilisation activity.
- Supervision and financing of an environmental project taken over from Hungalu Co. (under final settlement), as well as other environmental projects and consultancy.
- Business administration consulting, final settlement.
 
Since August 15, 2003, "A" and "B" series shares have been listed on the Budapest Stock Exchange.]]>
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