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Alföldvíz Zrt. Hold a virtual general meeting, business owners can vote online November 20-28. from last year’s balance. This could not be adopted at the previous general meeting at the end of September due to the presence of the majority of the owners. Therefore, the proposal to liquidate the financial situation of the company, which initiated the reduction of the share capital, was not approved either.
According to the communication sent to the website of the local government of Orosháza in September, the result of the operational activities of Alföldvíz Zrt. In 2019 it was a loss of HUF 647.8 million.
Last year, the service provider tasked with serving half a million people closed with a loss of nearly 650 million.
This year’s estimate is that the ratio of equity capital to equity capital would drop to 15.7 percent without external intervention. At the September general meeting, the company also announced that it sees no economic solution to restore the balance of the company’s capital structure other than to reduce the share capital from HUF 3.8 billion to HUF 1.25 billion to settle losses. As it was written:
Otherwise, the company will not be able to comply with the conditions for its legal operation.
According to MTI, this is not endorsed by the owners, but they do not have the resources to restore the financial balance of the company.
In January of this year, Alföldvíz Zrt. It submitted a request for a capital increase of HUF 1.7 billion to the owner municipalities to create the necessary funds, but the request was rejected by the members due to lack of funds.
The Great Plain must operate at a loss, but no one wants to be in the guild.
The company was scheduled to become majority state-owned in the summer of 2017, but at the then general meeting in late June, Magyar Nemzeti Vagyonkezelő (MNV) Zrt. It withdrew its intention to increase its capital by HUF 1.7 billion, so the ownership structure did not change.
Alföldvíz Zrt. It carries out public water services in 54 settlements in the counties of Békés, Csongrád – Csanád, Bács – Kiskun and Hajdú – Bihar, serving 541 thousand people. Békéscsaba has the largest property, 32.8 percent, state property is 28 percent.
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