Flooring company Graboplast expects operating profit of more than HUF 1.5bn in 2006, compared to HUF 1.24bn in 2005, Graboplast’s president CEO Peter Jancso said at a press conference on Friday.
The Hungarian subsidiary of home appliance company Whirlpool Corporation made an agreement worth Ft 0.5 billion with German-owned company Rewico Logistics Kft on a long-term provision of a full storage-logistics service, Rewico development director József Tóth told daily NAPI Gazdaság.
Business and consumer confidence indices published monthly by the research institute GKI-Wallis continued to grow in January with an overall advance of 0.6 points to minus 10.6 points, or a 4.4 point improvement year-on-year, said GKI on Monday.
OTP Bank announced on Friday it sold its stake, worth HUF 400m at nominal value, in real estate developer IOLO OWEN Ingatlanfejleszto es Beruhazo, to Futureal Ingatlanfejleszto, another property developer, for HUF 500m on February 2.
