Formerly known as B+N Group, the Group increased its sales revenue by 20%, from EUR 765 million (HUF 302 billion) in 2024 to EUR 926 million (HUF 357 billion) in 2025. Group unaudited annual EBITDA (earnings before interest, taxes, depreciation, and amortization) amounted to EUR 82 million (HUF 32 billion), a 7% increase from 2024.
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In 2025, the Group’s performance continued to benefit from its customer-centric approach – providing full‐scale facility management services with customised solutions, transparent processes, and sustainability in mind. Aligned to its strategy to expand market share across Central and Eastern Europe and maximising synergies within the Group, in January 2025 the Group entered a new strategic market with the completion of its acquisition of the KÖBERL Group, one of Germany’s leading facility management and building engineering service providers. Today, LIWO Group provides facility management services at approximately 21,000 locations across nine countries, and aims to accelerate its M&A activity in its core markets across both hard and soft facility management services.
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The Group’s strong 2025 performance also reflected the further development of the Group’s service offering, as it continued to integrate proprietary technology such as robotics and internet of things to further optimise performance and efficiency and enhance its competitive advantage.
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The company continues its successful growth under a new name

On 2 March 2026, B+N Group announced that it is continuing its operational and international growth under a new brand name: LIWO Group. The rebrand introduces a single, internationally recognisable identity designed to support the group’s expansion and brand-building activities across Europe. The name LIWO is inspired by the Group’s former slogan, “We are working for a more livable world.” The acronym captures this idea and expresses the Group’s commitment to creating a more livable environment through responsible, sustainable operations.

Founded more than 30 years ago, LIWO has now grown to be a major player in facility management services, operating in Hungary, Germany, Italy, Poland, Slovenia, Slovakia, the Czech Republic, Bulgaria, and Romania. As part of its growth strategy, the Group is continuing with its preparation for a potential 2026 IPO, which will remain dependent on market conditions, among other factors.

*The profit and loss items are translated at the average annual exchange rate (HUF 397.91 = EUR 1)

The Hungarian-owned LIWO Group started more than thirty years ago as a family business and has since grown into a leading facility management company in Central and Eastern Europe. Technological innovation and the increasing mechanization of services have played a key role in its development. Today, the Group’s portfolio ranges from traditional and specialized cleaning to technical facility operations, healthcare hygiene services, asset protection, and green space management.

István Vécsei, International Operations Director, highlights that the future of facility management depends on the right balance of technology, organisation and people. Sustainability, meanwhile, is not a matter of choice but the foundation of long-term operation.

For more details: https://index.hu/gazdasag/2026/03/02/b-n-csoport-letesitmenyuzemeltetes-gepesites-innovacio-terjeszkedes/

As of 1 March 2026, B+N Group operates under one international brand, LIWO Group. The change reflects the company’s track record and international ambitions; it does not involve any change in ownership, governance, or day-to-day operations. The new brand is intended to strengthen the group’s market positioning and support further development in existing and new markets. The name LIWO is inspired by the company’s former slogan, “We are working for a more liveable world.” The acronym captures that idea and expresses the group’s commitment to creating a more liveable environment through responsible, sustainable operations.
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Hungarian-owned and headquartered, LIWO Group is a full-service facility management provider with more than 30 years of experience. Its Hungarian subsidiary, B+N Hungary Kft., employs nearly 16,000 people, making it one of Hungary’s three largest employers. In recent years, the group has grown into a leading facility management player in Central Europe. It now operates outside Hungary through subsidiaries in Germany, Italy, Poland, the Czech Republic, Slovakia, Slovenia, Romania, Bulgaria, employing nearly 30,000 people in total. The group is supported by a strong domestic and regional logistics network, a central warehouse base, and a stable operating infrastructure.
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Across the group, facility management services are delivered at approximately 21,000 locations. The service portfolio includes technical operations, industrial and specialist cleaning, security services, and green space management. LIWO Group’s market-leading position is built on a stable team of professionals, standardised and audited processes, and an engineering-supported service model.
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Innovation and technological development are key priorities. The group’s professional performance is backed by numerous international certifications and industry awards. Unique in Hungary’s facility management sector, LIWO operates an independent research and development function and dedicated training centres, supporting continuous service improvement and quality assurance. The company is also among the global leaders in autonomous cleaning solutions: according to the FieldBots Radar 2025 international survey, it operates the world’s 8th-largest cleaning robot fleet.

LIWO Group’s operations are guided by sustainability, social responsibility, and a strong focus on labour market integration. Its automated, transparent, and regularly audited processes—combined with a quality-driven service model—provide a stable foundation for long-term international growth.

B+N Hungary Kft., the group’s subsidiary responsible for operations in Hungary, will continue to operate under its existing name.