Bombardier MAV revenue reaches HUF 8.8bn in 2011
Bombardier MAV, a joint venture of Canadian engineering giant Bombardier and Hungary’s state-owned railway company MAV, had revenue of HUF 8.8bn in 2011, managing director Peter Orban told MTI.
Exports, to Belgium, Switzerland, Austria, Norway and Italy, generated about half of revenue.
Bombardier MAV employs 630 people.
Bombardier owns 65% of the company, MAV 25% and employees 10%.
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.