Growth made an impact on the demand for packaging materials and was accompanied ...

3 january, 2002  16:41

By the second half of 2001, in line with international trends, economic growth had slowed down in Hungary. The slowdown in demand growth set a limit on the volume growth of domestic sales. The situation for the Company’s profitability was completely different. In the first half of the year, the level of paper and wastepaper ...

4 december, 2002  16:00

The year 2002 saw a slowing of economic growth in Hungary. The steady strengthening of the forint over the course of the year reduced the profitability of exports, while a slowing in the rate of industrial output growth prevented significant increase in sales volumes. Although the average level of paper prices could be considered ...

25 november, 2003  17:25

Economic growth in Hungary slowed down further in 2003. The forint exchange rate fluctuated widely during the year, with a detrimental effect on the profitability of the Company’s exports, and the stagnation of industrial output in the first half of the year hampered substantial growth in our sales volume. Owing to stagnating ...

4 october, 2004  15:26