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Hell Energy Q1 exports jump 168%

Exports of Hungarian energy drink maker Hell Energy Magyarország rose 168% in the first quarter over the same period a year earlier, the company said on Tuesday.

The company said it now exports to Israel, Afghanistan and Jamaica.

Hell Energy will soon inaugurate a HUF 4.5 billion plant in Szikszó (NE Hungary).

Hell Energy had revenue of EUR 20 million in 2010, about half from exports, Econews reported earlier. The company's exports rose 40% in 2010, both in terms of value and volume.