ADVERTISEMENT

Philips Lighting Hungary output climbs 50%

Food

Philips 60w LED bulb. (Photo: Flickr.com/Scott Lewis)

Philips Lighting Hungary raised its LED output by 50% to 1.8 million units last year lifting revenue, managing director Róbert Rudics told Hungarian news agency MTI on Friday .

Philips 60w LED bulb. (Photo: Flickr.com/Scott Lewis) 

Revenue of the company rose 30% to HUF 29.4 billion, Rudics said, adding that headcount climbed to 414 at the end of 2015 from 365 a year earlier. 

This year, the output is expected to rise to 2.5 million units, lifting revenue at the same pace, Rudics said. Headcount is seen reaching 500, he added.

ADVERTISEMENT

Household income improved in Q1 Analysis

Household income improved in Q1

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500

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.