Eclipse Print completes HUF 290 mln investment
Hungary's Eclipse Print has completed a HUF 290 million technology investment at its printing plant in Edelény (NE Hungary), the company told MTI on Tuesday.
Eclipse Print won a HUF 100 million European Union grant for the investment.
The company had revenue of HUF 1.47 billion in 2011, director Zsolt Kovács told MTI. Exports accounted for 32% of the total, up five percentage points from the previous year, he added.
This year, the company expects revenue to stagnate, he said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.