The company won a HUF 208 mln European Union grant for the project. Kelet-Trans improved its railway access and outdoor lighting, and paved the loading area at the base. The company also bought vehicles, a telephone center and a water purification system.
Kelet-Trans employs 100 people at five locations in Hungary. The company had HUF 4 bln of revenue in 2014. Retained earnings came to HUF 88 mln after the payout of a HUF 20 mln dividend.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
