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Kravtex expects difficult year

Hungarian bus maker Kravtex expects 2009 to be much more difficult because of the global financial and economic crisis than 2008, when it generated revenue of HUF 7.8 billion, but the company will make keeping staff a priority, managing director István Krankovics told MTI.

Kravtex's stock of orders will create work at its plant until the end of March, Krankovics said. The plant employs 420 staff and 110-120 contracted laborers. (MTI – Econews)