Listed on the Stock Exchange

Épduferr Nyrt.: From Local Business to Publicly Traded Company

Épduferr Nyrt. is the first and only publicly traded company headquartered in Dunaújváros, yet its journey from a small limited liability company (Kft.) in 2004 to a public corporation (Nyrt.) has been long and eventful. Initially focused on steel structure manufacturing, the company has since expanded into general contracting, steel trading, and building materials distribution.

Expansion into General Contracting

In 2007, Épduferr entered the general contracting and main contracting sector, working with multinational and large corporate clients in two key areas:

✔ Construction and renovation of retail chains such as Tesco, Spar, and Príma

✔ Industrial construction projects for major clients like MOL, Hexum Zrt. (formerly Opal), and Hungrana

The company acquired its central site on Verebély Street in 2008 and established a Budapest-based engineering office, where its business development and production departments operate.

Resilience Through Economic Crises

Despite the 2008 financial crisis, Épduferr increased its revenue rather than suffering losses. This resilience was due to:

✔ Strong financial reserves, as profits were reinvested into the company from the start

✔ A well-chosen, stable client base, ensuring continuity during economic downturns

Over time, annual revenue grew from HUF 1-1.5 billion to over HUF 3 billion, eventually surpassing HUF 5 billion.

Diversification for Stability

Recognizing the need for diversification, Épduferr expanded into building materials trading ten years ago, launching Épduker Építőanyag Kereskedés. Two years ago, the company decided to further broaden its operations:

✔ Building materials trading was expanded, increasing warehouse space by 150% and product variety

✔ A new manufacturing division was established, focusing on semi-finished and finished metal components

✔ Steel trading became an independent business unit, closely linked to other operations

To support manufacturing, high-precision sheet metal processing equipment was acquired through grant funding. These machines will be operational by summer 2022 at the new production facility on Verebély Street.

Stock Market Listing and Growth Strategy

The expansion of new business lines required significant investment, prompting Épduferr to go public.

✔ Before its listing, the company completed a private capital increase of HUF 1 billion, with 50% provided by Széchenyi Funds

✔ The Budapest Stock Exchange (BSE) recognized Épduferr’s potential, supporting its listing with HUF 40 million

✔ The company officially listed on the BSE in February 2022, positioning itself for further growth in an uncertain economic environment

A Multi-Sector, Publicly Traded Corporation

From a small construction company, Épduferr has grown into a publicly traded corporation with activities in:

✔ General contracting

✔ Steel and building materials trading

✔ Steel processing and manufacturing

With its multi-sector approach and stock market presence, Épduferr is well-positioned to navigate future challenges and expand its operations further.