ADVERTISEMENT

Edelmann eyes HUF 4.5 bln expansion in Hungary

Telco

German-based Edelmann is planning to initiate a HUF 4.5 billion expansion at its printing plant in Zalaegerszeg, western Hungary, president-CEO of the Hungarian unit György Czirkl said yesterday, according to Hungarian news agency MTI.

The expansion, which is scheduled to be completed in April or May, will raise headcount to 237 from the current 185, the president-CEO said.

The companyʼs revenue is expected to reach HUF 6 bln in 2016, while it hopes that by 2018 revenue will be approximately HUF 8 bln, Czirkl reportedly said.

ADVERTISEMENT

Regional income disparities remain pronounced Analysis

Regional income disparities remain pronounced

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

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.