Cashline Group has garnered a wealth of experience through the acquisition and streamlining of various enterprises, followed by the successful capitalization of ownership stakes. The resulting “know-how” in an array of industries, paired with financial expertise, served as a basis for continued expansion of activities and the undertaking of major transactions on a domestic and even regional level.
PannErgy Geothermal Power Plants Ltd. (HUN)
Registered in Hungary, the purpose of PannErgy Geothermal Power Plants Ltd is to become a market leader in the production of heat and electricity from geothermal energy. The company operates jointly with local municipalities in establishing projects, with exploration and construction of new infrastructure being done in five locations across the country. Cashline group acquired a minority interest in PannErgy Geothermal Power Plants Ltd in 2009.Go to website
PannErgy Plc. (HUN)
Acting as a financial investor, Cashline group acquired minority ownership in PannErgy Plc through the Budapest Stock Exchange, a premium share issuing entity included in the BUX Index basket.Go to website
KÖKI East-End Inc.
KÖKI East-End Inc. is the owner of KÖKI Shopping Mall which includes the KÖKI Terminal. KÖKI Terminal is a unique intermodal investment in Hungary, situated by the Ferihegy expressway in close vicinity to the airport. The project included the modernization of the Kobanya-Kispest subway and bus stations while appending a state of the art shopping mall and office centre to the transportation hub. Cashline sold their stake in the real estate development fund in 2020.Go to website
FullCard Ltd. (HUN)
FullCard Zrt. has been established to develop and adapt to different operating systems, a relevant mobile application, as well as, to operate the real and virtual background infrastructure of the system. The app can scan different loyalty cards that can be used as physical ones while also displaying information such as offers, discount coupons of shops, opening hours and other applicable shopping information. Shops can acquire accurate shopping statistics via the application.Go to website
Kaza Concrete Ltd.
In 2013 Cashline Group invested into Kaza Concrete, a revolutionary producer of contemporary artistic wall and floor surfacing solutions. Kaza Concrete controls companies registered in the UK and Hungary. Cashline’s stock interest was purchased by the management of Kaza Concrete Ltd. in 2020.Go to website
Constructions are undergoing for Cashline’s newest luxury apartment building Guyon Villa. Neighboring the traditional civilian villas on the hill side of Pasarét, Guyon Villa is located at 1. Guyon Richard street. The 130 sqm terraced villas range from Garden connected to Penthouse flats, equipped with an elevator and secure garages. Guyon Villa was completely sold out in 2020.Go to website
Madárhegy Villa Park
MADÁRHEGY VILLAPARK was a project built on Madárhegy –one of the most desired parts of the 11th district-, in a location bordered by Hosszúréti street, Zabfű street, Rózsaszőlő street and Keltike slope. Modern, energy-saving, state-of-the-art, apartment buildings with 9-11 flats each were to be built on a plot exceeding 16,000 sqm. in a landscaped environment. Construction has been completed and the villa park was fully sold out.Go to website
Well Research Ltd.
A significant portion of district heating services of Avas housing estate at Miskolc is provided by geothermal renewable energy. A vital component of the long-term sustainability of geothermal systems are the reinjection wells responsible for returning the used low temperature water underground. Well Research Ltd. is established to operate reinjection wells in a sustainable, economic and effective manner while active research is conducted to achieve optimal operating methods and conditions.Go to website
Mandok-Tuzser Photovoltaic Plant
Close to the settlements of Mandok and Tuzser 17 Photovoltaic plants with 0.5 MW nominal power and 10.2 MW output performance were constructed with state-of-the-art technology. Belonging to the KAT Feed in tariff system, the companies are currently selling the produced electricity. After the construction, the project was acquired by a European investment fund.
In 2006 Cashline Group acquired a significant ownership stake in a 1,500-sqm office building located in Zugló, which has been utilized high above market average following a full-scale refurbishment. The real estate was sold to a financial investor in 2016.
Adventum Investment Management Ltd.
The Hungarian Adventum Investment Management Ltd. following years of successful operation, direct ownership was taken over by Cashline Investment Holding from Cashline Securities Inc. continuing selected securities market activities of its previous owner. The company currently manages closed-end real-estate funds and is regulated by the Hungarian National Bank.Go to website
Szigma Hungary Ltd.
At the end of 2013, Cashline group obtained a controlling ownership stake in Szigma Hungary Ltd through the acquisition of interest in the French Bouygues group. Szigma Hungary Ltd has been active in the Hungarian HVAC and hard facility management market for over 20 years. Cashline Group’s interest was purchased by Kraft Group in 2015.
Terminal Med Pharma Ltd.
At the beginning of 2013 Cashline Group acquired a majority ownership stake in Terminal Med Pharma Ltd., a Hungarian company operating a pharmacy in one of the most frequented shopping malls in Budapest. This participation was sold to a strategic investor during the course of 2014.
Synergon Informatics Plc.
Synergon Informatika Nyrt. is the market-leading domestically owned solution provider active on a regional level and is listed on the Budapest Stock Exchange. The group covers Hungary, Czech Republic and Slovakia. The scope of Synergon’s domestic and regional activity involves informatics system-integration.The system integration activity is supported by business advisory, hardware assembly, planning and realization of communication networks, provision of business infrastructure, software advisory, provision of full-scale information-security solutions, formulation of business solutions with connected services and advisory, as well as system operation and repair services. Cashline Investment Holding acquired 24.07% in Synergon Informatika Nyrt. in 2006. Cashline Holding has disposed of its shareholding through an MBO structure during 2012-13.Go to website
Futurearth Emission Trading Ltd.
Cashline Investment Holding established Futurearth Emission Trading Ltd. to conclude carbon-dioxide quota trading transactions in 2007, which was removed from the Group’s circle of interest in 2012.
AGRO- PRODUCT Agricultural and Meat Processing Ltd.
Cashline Group acquired interest in AGRO-PRODUCT Agricultural and Meat Processing Ltd. engaged in crop production, pig farming and meat processing in 2011. Having followed the full-scale reorganization, streamlining and separation of pig and crop production business lines, the renewed company was sold to strategic investors between 2011 and 2012.
Rubicom Telecommunication Ltd.
RubiCom Telephone, CATV and Internet Service Provider Ltd. was established in 2004 with the participation of Cashline Group, and since then it is one of the most dynamically developing CATV and telecommunication service providers in Hungary. RubiCom’s services are available in almost 90 settlements across the country including the capital. Cashline Group acquired controlling interest in RubiCom Telecommunication Ltd. in 2008. The company was purchased by UPC Magyarország Kft. in 2012.
Szegedi Paprika Ltd.
Cashline Investment Holding purchased a controlling stake in Szegedi Paprika Ltd. in 2005. The company, after significant efficiency improvements, was sold to a strategic investor in 2006.Go to website
Hotel Club Siófok Ltd.
In 2006 Cashline Investment Holding acquired a controlling stake in a group of companies owning and operating four hotels in Siófok. The hotels, after significant renovation and restructuring, were split and sold to multiple investors.
Herz Salami Factory Ltd.
In 2004 Cashline Investment Holding purchased 100% ownership stake of Herz Salami Factory Ltd. The company, after significant efficiency improvements, was sold to a strategic investor in 2005.Go to website
Griff Invest Ltd.
The predecessor of Cashline Investment Holding had acquired significant ownership in Griff Invest Ltd. Real Estate Management Company in 2004, which owned a Hotel / Office / Sporting complex. The shareholding was sold in 2007.
Cashline Securities Inc.
The predecessor of Cashline Securities Inc. was established in 1994 as a small brokerage firm that soon became one of the largest independent investment banks in Hungary. Offering a wide array of services (stock- and bond- and foreign exchange trading, derivative products, corporate finance advisory, investment funds, insurances) to its customers. Due to the significant narrowing of the Hungarian securities market, the owner decided on the cessation of independent activity of Cashline Securities Inc. in 2011. Selected activities of the brokerage firm are continued by Adventum Zrt., while the retail portfolio was disposed of to Buda-Cash Brokerage House.
Budapest Commodity Exchange Ltd. Budapest Stock Exchange Ltd.
Cashline Investment Holding acquired significant ownership in Budapest Stock Exchange Ltd. and Budapest Commodities Exchange Ltd. in 2003, participated in the organization of the merger of these institutions, and sold its ownership to a consortium led by HVB Bank and Wiener Boerse a year later.Go to website