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JNT to increase market share

Logistics and security company JNT Kft has a mid-term aim to get a 50% share on the home market of cash handling and conveyance as against the current 35%, Világgazdaság reported. As managing director Sarolta Etsedy said, JNT purchased its predecessor Defend Kft's assets in 2003. Most of its sales revenue, which was Ft 4.5 billion last year, comes from orders of its owner, the Magyar Posta Rt. The company has 600 employees and 150 vehicles, and also have a network covering the whole country. JNT plans investments of Ft 100 million each during the next 1.5 year. Still to be renewed are the cash handling technology and the fleet as well, Etsedy added.