Tokaj increases capacity
Tuesday, September 27, 2005, 08:06
Tokaj Trading House Rt has completed the second phase of its capacity boosting and technological upgrade investment, business daily Napi Gazdaság reported. The company spent Ft 700 mln in order to increase its wine producing capacity by 10 hectoliters and make grape acceptance procedure fully automated. The investment is part of the company's Ft 1 bln development plan launched in 2004. The company, which has book capital of Ft 6.3 bln and registered capital of Ft 2.3 bln, recorded net profit of Ft 235 mln on sales of Ft 3.8 bln in 2004, which it hopes to increase to around Ft 4 bln this year.