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SCS Stahlschmidt sees HUF 2.8 bln revenue in 2011

Bowden cable maker SCS Stahlschmidt Cable Systems Magyarország expects revenue to climb to HUF 2.8 billion this year from HUF 2.4 billion in 2010, managing director Szilveszter Péntek said in Wednesday's issue of business daily Napi Gazdaság.

Headcount at SCS Stahlschmidt Cable Systems Magyarország, a 51-49% German-Hungarian joint venture, halved during the crisis, but the company now employs 300 people at its plant in Tatabánya (NW Hungary), more than in 2008.