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Elekthermax reorganizes company

Pápa-based household appliance producer Elekthermax Kft will continue its activity in three separate firms, the company announced. Elekthermax Household Appliances Kft will continue to operate its original business, but plans two other branches, one responsible for the production of kitchen systems and the other responsible for the production of heating equipment. These offshoots will become independent companies. The reason for the separation is to organize production better and become more effective, the company said. Elekthermax turned into an Rt in 1991 and became again a Kft a year ago.