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HUF Seven billion investment at Dreher Hungary
🎧 Hallgasd a cikket:
The Hungarian subsidiary of SABMiller has to improve its efficiency in Hungary.
High energy prices and increased raw material prices caused problems for
producers. SABMiller boosted sales volumes by 7% yr/yr in Hungary in the first
quarter of 2007, outperforming the market. This performance was achieved
against a backdrop of significant fiscal austerity measures impacting
consumers, a 20% excise increase, and competitor discounting, the company said
in its preliminary Q1 earnings report.
Last year's massive investments and current developments
show that the parent company, SABMiller, has long-term plans with its Hungarian
unit.
The efficiency must be improved.
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