Videoton sees 17% revenue rise

Telco

Hungarian-owned electronics manufacturers Videoton Holding is expecting to see consolidated revenue of HUF 134 bln this year, up by 17% from last year, chairman-CEO Gábor Széles said late yesterday.

Széles said net assets of the group saw a rise of HUF 5 bln, reaching HUF 84 bln this year, with investments of HUF 5.5 bln having been carried out, most of which involved technological developments.

The Videoton group employs a staff of more than 9,400 people. Headcount has increased by about 750 this year alone.

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