Electronics Production | March 06, 2006
Raised revenues and net profit for Videoton in 2005
Hungary based EMS provider Videoton reported raised revenues and profits for its full year 2005.
Videoton's net profits rose 10% to Ft 4.3 billion and the company's revenues increased 5% to Ft 72 billion. Videoton has lately increased its headcount by 200 employees to 9,100 since the company laid off 300 workers at its unit in Bulgaria but hired 500 workers in Hungary.