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Waterworks in W Hungary spends HUF 1bn on CAPEX

Local council-owned waterworks Bakonykarszt has spent almost HUF 1 billion on investments this year, CEO Gyula Kugler said on Thursday.

Bakonykarszt provides drinking water to around 210,000 people in 121 communities in Veszprém County.

The company had revenue of HUF 4.5 billion in 2009 and expects to close 2010 with about the same amount. (MTI-ECONEWS)