Early Life
Zsolt Felcsuti was born in Budapest, Hungary, on May 26, 1971. He is the son of Csaba Felcsuti, an engineer who started the company that Zsolt now operates. Growing up in an entrepreneurial family, he developed an interest in business from an early age.
Rise to Success
Felcsuti's career began after he studied economics at Corvinus University of Budapest. He gained experience working as a sales and marketing manager in Switzerland. He returned to Hungary to find business opportunities for his father's enterprise, which focused on metal and plastic industry products. He built a business model based on the East-Central European and Far Eastern markets. His company owns some of the largest manufacturing companies in Europe and East-Central Europe. Felcsuti's business strategy has focused on organic growth, eschewing privatization.
Key Business Strategies
Felcsuti's approach has been to build a strong business empire, which is the most valuable family business in Hungary. His strategy includes acquiring established Hungarian companies, such as Kemikál, Widenta, Clarflex and FÉG. He built a self-created business model based on the East-Central European and Far Eastern labor market and manufacturing sector. Felcsuti focuses on markets that are too large for small businesses but too small for multinational corporations.
Philanthropy
Felcsuti is also involved in philanthropy, and he is the chairman of the "Díj a sikeres vállalkozásokért" awards, which started in August 2013.