Pasta maker Gyermelyi's revenue climbs 13% in 2010
Hungarian pasta maker Gyermelyi Tésztagyár had consolidated revenue of HUF 15.9bn in 2010, up 13% from a year earlier, the company told MTI on Thursday.
Retained earnings rose 57% to HUF 1.4bn during the period.
The wholly Hungarian-owned group turns out 23,000 tons of dried pasta a year, of which 90% is sold on the domestic market.
Gyermelyi has spent more than HUF 1bn on investments over the past ten years.
The company will introduce fresh pasta products this year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.