Coop rally: the Nagy-Hegyes Hús Kft. expects an increase in turnover

The reduction of VAT on carcass from 1 January is expected to generate significant growth in demand among the legally operating businesses, so the Nagy-Hegyes Hús Kft. is planning investments in the next year – Szilágyi Gábor, the company's owner told at a press conference held within the Coop rally in Hajdúdorog on Friday.

He added that, due to the measure a huge part of the unfairly operating companies will be eliminated from the market. This will generate an increase in traffic, which will may be around 20 percent in case of the Nagy-Hegyes Hús Kft.

Last year, the company's net sales amounted to 6.9 billion HUF, which was 1 billion HUF than in 2013. The Company's net profit last year amounted to 185 million HUF, which is a 30-35 percent, compared to 2013 – he added. (MTI)