Oreglaki Vadfeldolgozo profits climb on growing demand for game

Music

Hungarian game processing company Oreglaki Vadfeldolgozo expects to close 2011 with pre-tax profit of almost HUF 100m, up from HUF 60m in 2010, thanks to growing demand, better supply conditions and favourable exchange rates, managing director Monika Lang-Buzankszky told MTI on Monday.

Oreglaki processes a little more than one-fifth of all game in Hungary. The company’s revenue has been steady at a little more than HUF 1bn for years. About 96% of the company’s output is exported.

Oreglaki Vadfeldolgozo is owned by six state-owned forestry companies.

ADVERTISEMENT

40% of CEE businesses fear bankruptcies without bailouts Analysis

40% of CEE businesses fear bankruptcies without bailouts

General elections to be held on April 3 Elections

General elections to be held on April 3

Microsoft Hungary head Chris Mattheisen discusses the Vatica... Podcasts

Microsoft Hungary head Chris Mattheisen discusses the Vatica...

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.