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Paradi Kristaly Manufactura expects to sign new supply agreements

Hungarian Paradi Kristaly Manufactura, owned by Wallis investment group expects to sign new supply agreements with trade chains in Western Europe, US and Japan.
The company reported a turnover of HUF…

Hungarian Paradi Kristaly Manufactura, owned by Wallis investment group expects to sign new supply agreements with trade chains in Western Europe, US and Japan. The company reported a turnover of HUF 1.6 billion in 2001, but the profit was dissolved in the obligatory increase of the minimal salary, the strong forints and the rising energy prices. The company plans to invest HUF 63 million in energy saving innovation and in technology in 2002. It received a HUF 12 million subsidy from the business incentive plan Szecsenyi.

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