Cronus buys two hydraulic excavators

Telco

Hungarian construction company Cronus Tömegáru-Fuvarozó és Szolgáltató purchased two hydraulic excavators at a cost of HUF 350 mln, the company informed Hungarian news agency MTI yesterday.

The company received HUF 140 mln in European Union funding for the acquisition of the treaded excavators, which are digging machines similar to backhoes except they are mobile. Cronus had an after-tax profit of HUF 115 mln on revenue of HUF 5.1 bln in 2013, down by 17.3% y.o.y. and 3% y.o.y., respectively.

ADVERTISEMENT

Job ads in hospitality, tourism sector grow drastically  Analysis

Job ads in hospitality, tourism sector grow drastically 

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.