Videoton to capitalize on new metal painting technology
The Videoton group is expecting a 5–10 percent revenue growth in 2016, associate chief-executive Ottó Sinkó said this week in a press release.
According to Ottó Sinkó, in 2015 the company group booked a consolidated net revenue of HUF 154.8 billion (€500 million) and a profit of HUF 11 billion (€35.5 million), while also achieved a boost in added value compared to the previous year.
With several years of dynamic technological development behind them, the group’s self-financed investments will amount to HUF 3 billion (€10 million) in 2016.
The introduction of a new metal painting technology is set to bring about new orders thanks to a high market demand, Sinkó added.
