ADVERTISEMENT

Tile manufacturer Mediterran expects 6-8% revenue increase in 2015

Food

Roof tile manufacturer Mediterran Magyarország expects revenue to climb 6-8% this year as it expands output, managing director Attila Godi said yesterday. Although precise data on last year's revenue are not yet available, Godi said turnover "rose significantly" over the previous year's HUF 6.5 bln.

Production volume increased by 3 million to 33 million tiles last year. This year, the company expects to turn out 36 million tiles. Mediterran has two plants in Hungary and one in Slovakia with a combined annual capacity of 60 million tiles. The company employs 180 people and controls about 40% of the Hungarian market.

ADVERTISEMENT

OECD projects Hungary GDP growth will slow to 5% in 2022 Analysis

OECD projects Hungary GDP growth will slow to 5% in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.