Videoton sees 17% revenue rise
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.
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.