OTP to Renew Historic Former HQ in Budapest
- 16 Jan 2024 7:21 AM
- Hungary Around the Clock
OTP will renovate the historic building at Nádor utca 21 in the Fifth District in Budapest, its former headquarters, the bank announced.
The architecture firm Paulinyi & Partners designed the renovation of the Art Nouveau office and residential building built in 1910-15 for Ugriai-Fasici Fabank, one of the largest timber companies in Hungary at the time.
The courtyard will be covered by a glass roof and community space will also be established.
In a separate statement released on the stock exchange website on Monday, OTP revealed its present ownership structure.
The bank owns 0.2% of its own shares, foreign legal entities own 54.56%, domestic legal entities 31.46%, domestic persons 13.44%, foreign persons 0.48% and the state 0.05%.
The share of other owners amounts to 0.01%.
You're welcome to comment, discuss and enjoy more via our Facebook news page:
Facebook.com/XpatLoopNews
And via XpatLoop’s group:
Budapest Expats - The International Community in Hungary
You can subscribe to our newsletter here:
XpatLoop.com/Newsletters
Want your business to reach tens of thousands of potential high-value customers?
Contact us here: info@xpatloop.com
XpatLoop Media Partner
LATEST NEWS IN property