MTD, a US-based garden machinery and tractor maker, is prepared to expand its Hungarian network, MTD Hungaria chief executive Janos Kosztyu said in a statement, cited by BBJ. "MTD is also mulling the transfer of its German operations to Hungary," sources were quoted as saying. The Hungarian arm reported a net profit of HUF 16.5 billion in 2001. This year's figure will increase by a tenth, the company said....


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now