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Nemak Győr projects revenue of more than €75 mln in 2010

Mexican-owned Hungarian cylinder head maker Nemak Győr sees 2010 revenue rising over the €75 million expected in 2009, though not by as much as the 20% increase in volume output, managing director Gábor Mersich told MTI.

Sales volume is expected to rise to 1.5 million units in 2010, back to the level in 2008, from 1.25 million in 2009, Mersich said.

Nemak Győr had sales revenue of €105 million in 2008 and €116 million in 2007. Mersich said the company has remained profitable in spite of the crisis.

Nemak Győr expects a 20% rise in orders for cylinder heads for next generation small engines made for General Motors. Nemak Győr also makes cylinder heads for 1.6-liter engines at GM's Hungarian unit in Szentgotthárd.

Nemak Győr will also start supplying cylinder heads for new products made by its second-biggest partner, Renault.

Another important partner for Nemak Győr is Audi Hungaria, based in the same city.

Nemak Győr also supplies Brilliance in China and Daewoo in Korea. (MTI – Econews)