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Carnex expects revenue to rise

Carnex Kft, Hungary's second-largest meat holding company and its biggest poultry processor, expects its poultry processing business to generate revenue of Ft66 billion this year, Ft 12 billion more than in 2004, Business daily Napi gazdaság reported. Lajos Elekes, the company's investment director attributed the rise to improving market conditions, growing specialization among Carnex's units and last year's acquisitions. Last year Carnex bought two more big poultry processing plants. Now the company has six.