Bahart expects HUF 5.7 bln order by next season

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State-owned Bahart, which operates a ferry and pleasure boat service on Lake Balaton, will take delivery of two ferries and two catamarans it has commissioned for HUF 5.7 billion by next year's season, according to CEO Gábor Veigl, writes profitline.hu.

Bahart will decide on purchasing more watercraft in the future, Veigl said.

Bahart is spending HUF 200 million on upgrades of its fleet of 16 passenger ferries and four vehicle ferries this year and will spend around the same amount for the purpose next year, he added.

Using its own resources and a HUF 6.6 bln capital raise from the government, Bahart has more than HUF 10 bln available for developments, Veigl said.

Bahart expects turnover to reach HUF 3.6 bln this year, climbing from HUF 3.3 bln in 2020, he added.

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