Hungary Fuzfoi Papiripari 2004 net turnover at Euro 15.9 mln
May 23, 2005. Hungarian paper mill Fuzfoi Papiripari Eloallito es Kereskedelmi Rt generated a net turnover of 4.0 bln Hungarian forints ($19.9 mln/ Euro 15.9 mln) for 2004, down from initial plans for 5.0 bln forints ($24.9 mln/ Euro 19.8 mln), was reported on May 23, 2005.
May 23, 2005. /Lesprom Network/. Hungarian paper mill Fuzfoi Papiripari Eloallito es Kereskedelmi Rt generated a net turnover of 4.0 bln Hungarian forints ($19.9 mln/Euro 15.9 mln) for 2004, down from initial plans for 5.0 bln forints ($24.9 mln/Euro 19.8 mln), was reported on May 23, 2005.
The company said that it had registered smaller-than-expected 2004 loss but did not disclose any figures. The paper mill's exports totalled over 1.0 bln forints ($5.0 mln/Euro 4.0 mln) in 2004. Fuzfoi Papiripari said that the strong Hungarian forint, as well as the rise in energy prices will continue to have a negative impact on the company's performance.