Tibor Veres

Tibor Veres

Veres Tibor

Chairman, Wallis Asset Management Zrt.

Tibor Veres earned his economics MA at the Moscow State Institute of International Relations in 1986. Together with his father, György Veres, they founded the legal predecessor of today’s Wallis. At present, he is the main owner of the Wallis Group, as well as the Chairman of its Board of Directors, while he is also a member of the Board of Directors at Graboplast and the Wing Group. Wing Zrt. Is the most significant enterprise connected to the Wallis Group, both in terms of asset value and the level of business complexity. In 2016, he acquired the Praktiker home improvement chain, which had possessed a considerable real estate portfolio, so the Wallis Group broadened its spectrum with a new significant actor. Three of the companies established by him are present at the Hungarian stock exchange as issuers of bonds and shares. Alteo Energy Services Plc. is involved in renewable energy production, and AutoWallis Plc. incorporates the automotive members of the Wallis Group, a corporation which has been justly famous for decades.