Article: Interfax Hungary Business Daily.(Company overview)

COMPANY NEWS

Hungarian holding Pannonplast to list plastics unit Pannunion on Budapest bourse

BUDAPEST. JULY 27. INTERFAX CENTRAL EUROPE - Hungarian listed investment holding Pannonplast, formerly known as a mostly plastics-oriented group, announced Friday that it will incorporate its flagship plastics manufacturing unit Pannunion Kft and list it separately on the Budapest Stock Exchange (BSE).

"Pannunion Kft will be transformed into a joint stock company and will begin preparations for a listing on the BSE," Pannonplast said in a statement.

In the past three years, Pannonplast divested most of its former plastics subsidiaries, while ...

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