Raba appoints new CEO, pays no dividend

Newswire

GYOR, Hungary, April 23 (Reuters) - The new board of directors of Hungarian automotive group Raba appointed Istvan Pinter as chief executive on Wednesday, answering weeks of criticism of his predecessor by a key shareholder. The company's annual general meeting also decided not to pay a dividend following last year's losses. New CEO Pinter, 45, an engineer who has been working with Raba since 1980, replaces Laszlo Steiner, who resigned following criticism by the municipality of Gyor, one ...

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