ADVERTISEMENT

Samsung growth expected to continue

Pharma

South-Korean consumer electronics giant Samsung expects to sell 20% more products in Hungary this year, compared to Ft 8.6 billion in 2005, László Németh, Samsung's new IT division manager told Világgazdaság.

IT sales account for a sixth of the company' entire revenues in Hungary, which rose to Ft 48 billion last year.  The company's share in CRT monitor sales last year jumped from 29% to 68%, while that of LCD monitors more than doubled from 8% to 19%, Németh said. 

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.