According to the managing director the introduction of two new – one for electric bicycles and the other for premium category cars –were the two key contributors to rising revenues.
Nyerki noted that the firm received a European Union grant valued at HUF 94 mln to build the necessary capacity to supply the Bosch E-bikes. He added that the company expects to raise headcount by 20% this year, up from the current 83.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
