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Tile maker Mediterrán revenue climbs to HUF 6.1 billion

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Hungarian-owned roof tile maker Mediterrán had consolidated revenue of HUF 6.1 billion in 2011, up from HUF 5.3 billion in the previous year, managing director Attila Gódi told MTI.

Revenue from domestic sales edged up to HUF 3.1 billion from HUF 2.8 billion during the period, Gódi said.

Mediterrán turns out 30 million roof tiles a year, selling them in eight countries. The company controls 35-40% of the Hungarian market and is market leader in Slovakia.

Mediterrán spends about half a billion forints each year on capital expenditures. It will inaugurate a HUF 1.5 billion plant at its base in Bóly (SW Hungary) on March 26.

Mediterrán has one other production base in Hungary as well as one in Slovakia. The company employs about 200 people.

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