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MBT Magyarország gross revenue jumps

MBT Magyarország, which sells therapeutic, curved-sole MBT-brand shoes in Hungary, had gross revenue of HUF 2.46 billion in 2008, up from HUF 962 million in 2007, the company told MTI on Thursday.

MBT Magyarország sold 73,000 pairs of shoes in 2008, more than double the 35,000 in 2007.

MBT Magyarország sells its shoes in 69 stores in Hungary: at 27 of its own units and 42 stores owned by franchise partners.

MBT Magyarország expects turnover to rise again in 2009. (MTI-ECONEWS)