Levente Balogh’s most important enterprise, Szentkirályi Magyarország Kft., which employs 535 individuals, will bottle Pepsi in Hungary from 2024, which signifies that it will likely be comprised of Szentkirályi mineral water. Final yr, he was one of many 100 richest Hungarian businessmen introduced, that they purchased one of the crucial trendy bottling strains on this planet, which can be appropriate for filling comfortable drinks along with the mineral style. In 2018, Pepsi’s home pursuits had been acquired by Central Europe Mineral Water Holding (CEMW), the dominant minority proprietor of which is Levente Balogh.
The home Pepsi manufacturing will definitely improve this yr’s turnover and revenue, however the firm’s information from final yr should not negligible both. Furthermore, you’ll be able to declare higher outcomes than ever earlier than.
In 2023, Levente Balogh, who’s slowly being referred to as not solely the king of water, but additionally the king of Pepsi, recorded the best turnover and revenue of the final 5 years.
The web income from gross sales elevated from HUF 26.8 billion to HUF 30.6 billion, however the place it achieved a extremely enormous improve was the online revenue. As a result of their revenue rose from the earlier HUF 733.7 million to HUF 2.5 billion, of which HUF 1.28 billion was taken as a dividend.
Already this yr, Levente Balogh’s firm is bottling Pepsi
Picture: RTL
Within the supplementary appendix of their firm report, they write that, from the standpoint of the change in gross sales, it should be taken into consideration that the corporate’s market share continued to extend, and that there was additionally a worth improve through the yr.
By the best way, in 2023, the corporate not solely elevated its market share, but additionally its investments. A brand new, ultra-modern manufacturing line has been changed within the manufacturing unit constructed within the spirit of sustainability objectives and the belief of the round financial system.
Thus, the HUF 2.8 billion funding won’t solely improve the capability of mineral water bottling, however can even allow the bottling of Pepsi merchandise to be introduced again to Hungary within the close to future.
Along with the brand new PET bottling plant in Szentkirály, which based on them is appropriate for filling Pepsi merchandise, a syrup kitchen was additionally created, however additional investments are additionally deliberate. For instance, additionally they need to create a water purification base.
Regardless of the nice outcomes, the worth of the Szentkirályi shares decreased considerably in 2023, however the cause for this was that they had been making ready for the beginning of the redemption payment system in 2024. Szentkirályi Hungary has subsequently began the manufacturing and sale of drink packaging based on the DRS (Deposit Return System), i.e. the necessary redemption system. They needed to redesign the packaging of lots of of merchandise, corresponding to PET bottles bigger than 0.1 liters however smaller than 3 liters, aluminum cans and bottles in accordance with the necessities. All new product packaging needed to be registered in MOHU’s system and checked to make sure that they might certainly be correctly accepted by the return machines.
Szentkirályi additionally mentions in its firm report that it’s presently not potential to know when the Russian-Ukrainian conflict will finish, so they’re appearing much more fastidiously than standard within the matter of value rationalization attributable to market inflation and within the implementation of worth will increase that cowl it.
Levente Balogh is one in April in an interview he said about his plans that though one other Szentkirályi can not get better, he has love tasks. He wish to primarily cope with these sooner or later, there are already 4 by which he’s lively. However the training of younger individuals can be essential to him, so he’s completely satisfied that he can use this skill not solely within the enterprise present Cápák kötk, but additionally in Álommeló.
