Euro-Novex to begin operating tire-shredder
Hungarian waste-management company Euro-Novex will begin operating a Ft 2 billion (€8.49 million) in Újszilvas (C Hungary) in the middle of July.
The newspaper reported that in the next few months Euro-Novex will also begin production of artificial-turf athletic surfaces, for which shredded tire-rubber will serve as the base for turf imported from Italy.
Euro-Novex CEO Tünde Bencsik told Világgazdaság that the company, which will also provide lighting and maintenance for the athletic fields, has already received orders for five large football pitches and more than a dozen team-handball courts.
Euro-Novex generated revenue of Ft 528.5 million and after-tax profit of Ft 97.6 million in 2006, the newspaper wrote. (MTI – Econews)
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