Cable maker Fux targets sales exceeding HUF 7 bln in 2015
Hungarian cable maker Fux is targeting revenue of more than HUF 7 bln this year, approximately the same as last year, owner and CEO István Barkóczi said, according to Hungarian news agency MTI. Exports generated more than two-thirds of the company’s revenue last year.
Fux manufactures insulated overhead conductors and underground cables. It also runs a special measurement laboratory with the material sciences department of the University of Miskolc in northeastern Hungary, where it is based.
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.