Videoton did not reveal the price of the transaction. STS Technology’s main activity includes developing and making high-precision implanting equipment for microchip makers. It is the only company in Hungary that specialises in the assembly of a range of basic machines and machine units. STS Technology targets revenue of HUF 2.8 billion this year.
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.
