Press Releases

Budapest, April 23, 2004 16:00

On the occasion of the Budapest visit of Mr. Johannes Rau president of the Federal Republic of Germany, Mr. Elek Straub chairman-CEO of Matáv was awarded the 1st Class Cross of Distinction of the Order of the Federal Republic of Germany for his efforts in the area of the development of German-Hungarian relations.

Mr. Elek Straub and the company he manages have received a number of professional and social awards in the past years. In 1999 Mr. Elek Straub was awarded the Hungarian prize of Manager of the Year, and in 2000 the international prize of CEO of the Year. On May 15, 2003 Mr. Elek Straub was elected Chairman of the German-Hungarian Chamber of Industry and Commerce for two years.

The Financial Times Global Telecommunications Award, and the KHVM (Ministry of Transportation, Communications and Water Management) Innovation Award were outstanding successes for the company. In 1998 Matáv was elected the Corporate Donor of the Year. Central European, the journal of the British financial publishing group Euromoney awarded the title of the Central European Corporate of the Decade to Matáv. According to the rating of BÉT (the Budapest Stock Exchange) Matáv was the Best Stock Market Issuer in 1997, 1998, 1999. In 2002 the company was awarded the US Innovation Award.