Linde targets revenue of Ft 25 billion
Friday, August 5, 2005, 09:04
Industrial gas maker Linde expects its Hungarian unit to generate revenue of Ft 25 billion in 2005, compared to last year's Ft 23 billion, daily Magyar Hírlap reported. Last year, revenue increased Ft 1 billion over 2003, CEO of Linde Gas Hungary Rt, György Érdi said to the paper. Linde Gas Hungary does not announce profit figures. But, Linde Gas Hungary's parent company had first-half profits of Euro 193 million, up 17% yr/yr. Linde Gas Hungary will complete a Euro 55 million carbon monoxide and hydrogen factory at Hungarian chemical company BorsodChem Rt's production site in northeast Hungary next year. The plant will boost revenue by as much as Ft 3 billion, Érdi said.