Karsai Holding targets 10% revenue increase in 2006

Recycling

Karsai Holding Rt, a packaging technology and auto parts company, targets revenue of Ft 9.2 billion in 2006, 10% more than in 2005, Béla Karsai, the company's owner, announced.

The company expects unconsolidated after-tax profits in 2006 of slightly less than last year's Ft 329 million, Karsai said. Revenue will be boosted in part by a new production facility in Tiszaújváros, northeast Hungary. The facility, which Karsai Holding purchased from peer Loranger Kft, is the company's eighth unit.
In addition to its holdings in Hungary, the company also has units in Romania and Serbia, and sells its products in 22 foreign countries. Karsai Holding employs 880 people, including 127 it took over from Loranger.

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

19,000 young jobseekers hired in expanded subsidy program Government

19,000 young jobseekers hired in expanded subsidy program

Manager screenings - not just for managers Interview

Manager screenings - not just for managers

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.