Masterplast awarded almost €1.1 mln for warehouse fire claim
Hungarian building materials maker Masterplast on Thursday said it was awarded a €1.06 million payout on an insurance claim for fire damages at its warehouse in Oradea, Romania. Masterplast will book the payout in the second quarter. The fire, which took place last September, caused damage of €1.3 million. Masterplast said it is still considering whether to rebuild or rent the warehouse space once the insurance payout arrives. The warehouse was insured by Allianz Biztosító.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.