Dr Futó Péter

Current Management Position

Co-Founder

50% owner of Futureal’s Hungarian operations

25% owner of Futureal’s International operations

Details

Dr. Péter Futó has Co-founded Futureal Group together with his son Gábor Futó.

Futureal Group is active in real estate investment and development, investment fund management as well as venture capital investment. With over 1.6 billion EUR in projects under development, Futureal Group has become one of the top 20 developers in Europe. Developments include multifunctional urban developments, residential, office and retail projects. With all projects, the company would like to actively contribute to the sustainable growth of their cities and create lasting value not only for our customers, but also for the local communities.

During the Socialism, Dr. Péter Futó has been active as a mathematician and in parallel as an entrepreneur helping his father, Pál Futó in the family’s small candy business. After the fall of socialist regime, Dr. Péter Futó has built up Fundy (Futo Candy) to become one of the largest privately held food companies in Hungary. Fundy grew 100 folds in 10 years by organic growth, acquisition and by opening subsidiaries in Romania, Slovakia, Czech Republic and Poland. Fundy was constantly profitable in an industry dominated by international competitors. Fundy was sold in 1999 to a multinational confectionery company.

In 1992 Dr. Péter Futó was elected to the Vice President for the Federation of Hungarian Food Industries and in 2003 he became the President.

Dr. Péter Futó was elected as a President in 2008 for the Confederation of Hungarian Employers and Industrialists. The Confederation of Hungarian Industrialists (MGYOSZ), founded in 1902 is the most prestigious and most influential representative organization based on voluntarism. MGYOSZ promotes the interests of about 6000 small and medium enterprises and large corporations, representing over 60% of the competitive market. The European organizations are colligated by Business Europe, where Dr. Péter Futó acted as Deputy President between 2011-2012.

Dr. Péter Futó received his MSc in Mathematics from Eötvös Loránd University, Budapest in 1969, his Ph.D. in Mathematics in 1971 and he gained his Academic Degree in Mathematics in 1979.

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