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HungaroControl Zrt. (Hungary)

Main Activities: Support Activities for Air Transportation
Full name: HungaroControl Magyar Legiforgalmi Szolgalat Zrt. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Hungarian Download a sample report

HungaroControl Magyar Legiforgalmi Szolgalat Zrt. is one of Hungary's most successful state-owned companies. It provides air traffic services in the Hungarian airspace and, upon NATO's request, in the upper airspace over Kosovo. The company's activities include training air traffic control personnel and conducting air navigation research and development. It is solely owned by N7 Holding Nemzeti Védelmi Ipari Innovációs Zrt. With over 700 employees, HungaroControl operates without receiving budgetary support and maintains a balanced and profitable financial performance. The company supports the Single European Sky program, which aims to improve the efficiency of European air traffic. It is also a member of the Functional Airspace Block Central Europe (FAB CE) along with Austrian, Czech, Slovak, Croatian, Slovenian, and Bosnian service providers. HungaroControl responds to European integration challenges with twelve innovative programs. Its comprehensive corporate development strategy focuses on optimizing operations, improving air traffic services and infrastructure, and establishing an international education, research, development, and simulation center. HungaroControl aims to enhance the international recognition of Hungarian air traffic management through continuous service improvement, while increasing its value through competitive operations and investments.

Headquarters
Iglo utca 33-35.
Budapest; Budapest; Postal Code: 1185

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Website: http://www.hungarocontrol.hu

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 22, 2006
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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100%
Subsidiaries
Entry Point Central Kft.
Company Performance
Financial values in the chart are available after HungaroControl Zrt. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HUF. Absolute financial data is included in the purchased report.
Net sales revenue
13.04%
Total operating revenue
13.15%
Operating profit (EBIT)
-7.51%
EBITDA
-4.73%
Net Profit (Loss) for the Period
30.89%
Total assets
27.02%
Total equity
12.6%
Operating Profit Margin (ROS)
-4.08%
Net Profit Margin
3.57%
Return on Equity (ROE)
3.81%
Quick Ratio
-0.08%
Cash Ratio
0.24%

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