Greeting Cards

In the course of the General Assembly in September, the transformation into an SE is finalized by Ltd. Kontúr Stationery LLC (Kontúr Papír Kft) closes its paper retail sales division by selling the business. Fotex sells its shares in Gong Express LLC to the company’s minority shareholders, thereby closing down the Group’s wholesale activities in this field.

The freehold is a DIY retail store with a garden center and is in total approximate 14,350 square meters with 325 parking spaces on a plot of land totaling 35,000 m2. Due to a constantly shifting market management decides that Keravill Ltd’s electronic retail activity cannot be operated in a manner which is financially sound. The maintenance of this business line would have required the owners to continuously inject fresh capital into the company and management felt that such an undertaking was not in the best interests of the company.

Greeting Cards

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The camera was a very straightforward Boyer copy with lots of shooting options for it’s time. It was withdrawn because of license lawsuit fears before it was released for sales. The model had detailed instructions on the interior of the back cover. It’s told that the Achromats were given to factory personnel when the prototype production was halted. Furthermore, also in September 2015, the Company sold 100% of the shares in its subsidiary Balaton Bútor Kft. The extraordinary General Assembly of the Company held in August of 2008 decides on the transformation of Forex into a European Corporation (Societé Européenne or SE).

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Due to technological changes 2000 LLC, which has persistently continued to lose sales, starts the liquidation of its uneconomical service locations. In addition to this the company also takes over from Keravill the franchise network which deals in Telecom products and service distribution. Keringatlan LLC increases its direct and indirect holdings in the Sugár Shopping Mall to 100% and begins the process of modernizing the shopping mall. The first part of the renewal program is completed in November, during this renovation the mall continues its retail operations. Fotex Ltd purchases the outstanding 33.91% stake of Ofotért Ltd from a third party. At the closing of this transaction Ofotért Ltd becomes a fully owned subsidy of the Fotex Group. Ofotért Ltd itself repurchases 8.7% of its own shares from the company’s’ employees.

  • In addition to this an agreement is also reached whereby Kodak will sell rolls exclusively through Fotex in Hungary.
  • The investment property is owned by FN5 B.V, a newly established 100% owned subsidiary of Fotex Netherlands B.V.
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  • Fotex Ltd trades 5.8 million of its own treasury shares to Blackburn International Incorporated in exchange for its’ minority stakes in Europtic, Ajka Crystal LLC and Multivizió LLC.
  • Half-page booklets are ideal for use as programs for plays and performances, church functions, sporting events, fairs, and even personal occasions.

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