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Eclipse Print completes HUF 290 mln investment

Hungary's Eclipse Print has completed a HUF 290 million technology investment at its printing plant in Edelény (NE Hungary), the company told MTI on Tuesday.

Eclipse Print won a HUF 100 million European Union grant for the investment.

The company had revenue of HUF 1.47 billion in 2011, director Zsolt Kovács told MTI. Exports accounted for 32% of the total, up five percentage points from the previous year, he added.

This year, the company expects revenue to stagnate, he said.