AKKO Invest Nyrt., Listed in the Premium category of the Budapest Stock Exchange, was established in 2019 with the transformation of Plotinus Nyrt., And its shares have been listed on the Budapest Stock Exchange since 2011. Since its transformation, AKKO Invest Plc. Has been engaged in asset management, holding shares in several companies.
As a holding company, AKKO Invest Plc. holds shares in several companies and its economic goal is to achieve long-term value growth through effective cooperation between the holding company and its subsidiaries.
AKKO Invest Plc invests its own assets, does not manage external assets, and its basic goal is to build a successful holding company, which, although operating with risk, can hopefully achieve value growth for its owners in most market economy environments, in parallel with rising share prices.
One of the leading real estate operator / facility management companies in Hungary since 1999
Main activities: real estate management (FM), real estate management (PM), construction / execution works / project management
Professional acknowledgments: several times Hungary's operator of the year, once the best operating company in the region award
Nearly 200 customers - top customers: MOL, WING, Magyar Telekom, MÁV, ELMŰ-ÉMÁSZ, STRABAG, Corvinus University
AKKO Invest Plc invests its own assets, does not perform external asset management and its basic purpose is not to buy and sell the subsidiaries it owns, but to increase the assets and the value achieved in the subsidiaries (and of course in the parent company).
The most important goal of AKKO Invest Plc is to increase the value of the company and, at the same time, to increase the share price. AKKO Invest Plc intends to operate as an asset manager representing a well-defined value on an asset basis by continuously expanding its investment portfolio.
In the course of its operations, AKKO Invest Plc focuses primarily on investments in the real economy, in the framework of which it buys company shares and real estate with favorable growth prospects and good profitability.
It invests in sectors and areas of the real economy where it sees significant underpricing and/or the possibility of outstanding returns with very significant risk.
The investment strategy is developed and implemented by the Board of Directors of AKKO Invest Plc.
The portfolio may include both real estate investments and minority or majority stakes in other companies.
Chairman and Chief Executive Officer of WING Group, as well as the Chairman of the Supervisory Board at Echo Investment in Poland and Bauwert in Germany.Since the founding of WING in 1999, Noah Steinberg has led the company as Chairman and CEO, and he is responsible for the management of the entire group across all asset classes and geographies.
Noah was born in the USA, graduated from Princeton University (the Woodrow Wilson School of Public and International Affairs, Princeton University) with a BA, and from the Diplomatic Academy of Vienna) with an MA. He speaks English, Hungarian, French, German and Spanish.
He graduated from the College of Finance and Accounting with a degree in finance. After that, he worked as a back office manager and treasury sales representative at Leumi Hitel Bank, and then spent 12 years as a back office manager and bond portfolio manager at Budapest Alapkezelő Zrt. In 2006, he was an asset manager at Wallis Zrt., and since 2007, he has been the financing director of WING Zrt.
He holds a degree in Economics from the Faculty of Finance at the College of Finance and Accountancy. At the beginning of his professional career, he gained extensive experience in the real estate operations and investment market, and as a consultant, he supported major Hungarian companies in capital market transactions. He also contributed as an expert to the sale of industrial production facilities. With over a decade of executive and capital market experience, he was involved in the 2009 founding of Appeninn Plc., one of Hungary’s fastest-growing real estate investment companies, later serving as its CEO. Currently, he is the Director of Investments and a member of the Board of Directors at AutoWallis Plc., a company listed in the Premium category of the Budapest Stock Exchange. In this role, he is responsible for managing the automotive company’s capital market presence, identifying and executing new investment opportunities. Since September 3, 2020, he has also served as a member of the Board of Directors and Chairman of the Audit Committee at AKKO Invest Plc.
He has held his current position since 2005. Prior to that, he was the property director of Magyar Telekom between 2003 and 2005. From 2018, he was the head of the Central European region of STRABAG Property and Facility Services Group (the parent company of the legal predecessor of NEO PS Zrt.) for one year. In recognition of his professional work, he was included in the TOP50 most influential domestic real estate market players nine times. He continued his higher education at Campbell University (USA, North Carolina) and in Budapest, at the Faculty of Foreign Trade of the Foreign Trade College (now: Budapest University of Economics), and then earned an Executive MBA degree from Purdue University (USA, Indiana). Since 2020, he has been a member of the board of the Hungarian Tennis Association, and since 2023, he has been the president of the National Association of Facility Management and Building Operation Service Providers (LEO).
He graduated in 2003 with a degree in economics from the College of Finance and Accounting in Budapest (now: Budapest University of Economics). He began his career at the importer of Nissan vehicles, where he dealt with economic informatics, the implementation of enterprise management systems, consulting and the digitalization of accounting processes, while gaining extensive experience in the automotive industry. Between 2006 and 2015, he worked in various positions and fields on the development, design and implementation of enterprise management systems, while further expanding his project management and financial experience. His book ERP, past, present, future was published in 2014. In 2015, he joined the Wallis group of companies, where he was responsible for the launch of businesses and their financial stability as the CFO of various startup companies until 2020. His main task is to develop Gremon Systems Zrt. as CFO and member of the board of directors, he was responsible for developing the company's financial administration system, developing the business strategy and business model, and facilitating the entry of the company's products and services into the international market. Since 2020, he has been the Deputy Chief Financial Officer of NEO Property Services Zrt. He is the author of several professional articles on economic and IT topics.
In 1989, he obtained a degree in electrical engineering from the Faculty of Electrical Engineering of the Budapest University of Technology, and then graduated as an engineer-economist from the Corvinus University of Budapest in 1993. He began his professional career in 1990 at DuPont de Nemours Hungary Kft., where he held leading positions in the areas of customer, IT and marketing services. From 1994, he worked for Leo Burnett Kft. for four years. He was the financial director of Wallis Asset Management Zrt., and then from 1998 he held the position of controlling director and then CFO at Citibank Zrt. for 8 years. From 2007 to 2008 he worked as the financial director of EnergoSolar Magyarország Kft. For the past 15 years he has been the deputy chief financial officer of Wallis Asset Management Zrt., a member of the Board of Directors of FoxPost Zrt. between 2014-2024, a member of the Board of Directors of Alteo Nyrt. between 2015-2023, and the chairman of the Board of Directors since 2018. He is currently the CEO of Wallis Asset Management, a member of the Board of Directors of AutoWallis Nyrt., and a member of the Supervisory Board of Graboplast Zrt. and Praktiker Kft.
Sándor Gyáfrás graduated in economics from the Budapest University of Economics. Following an internship in the British Parliament, he gained experience in the real estate market, finance, and corporate finance while working for multinational companies and in the banking sector. From 1999, he worked at Erste Bank, where he gained leadership experience between 2010 and 2015 as Head of the Bank’s Real Estate and Project Finance Division. During this period, he also served as Managing Director of Erste Group Immorent in Hungary, a Vienna-based subsidiary of the Erste Bank Group specializing in real estate development and asset management. Between 2015 and 2016, he was Director General responsible for movable and real estate assets at MNV Ltd., as well as a member of its Board of Directors. In connection with this role, he served on the boards and supervisory boards of various state-owned companies until 2023.
Since the end of 2016, he has been Deputy CEO responsible for establishing and launching the real estate fund management activities of the WING Group’s real estate fund management company. Since 2017, he has been the CEO of Gladiátor Investment Fund Management Ltd., owned by the WING Group. He is also currently a member of the Board of Directors at NEO Property Services Ltd. and Aspectus Architect Ltd.