The Waberer’s Group is integrating into one unified organization
The new co-owner has conducted a detailed examination and suggested the development of a more transparent and cost-effective organization, so that the companies conducting the core business would merge into the property managing Holding– said György Waberer, President CEO of the group named after him on Wednesday at a press conference in Budapest.
The restructuring does not involve any downsizing, since the previously planned 10-15% income growth turned out to be 20% based on the data of the first 8 months; in fact in commerce the staff will increase by 250 – added the president CEO.
This year’s $17 million capitol increase will be followed by a second phase of $13 million next spring.
October, 2011
Source: Napi Gazdaság


