Article: Hungarian press review 19/10/2006 - Companies & Business.

Hungarian press review 19/10/2006 - Companies & Business

BUDAPEST. OCTOBER 19. INTERFAX CENTRAL EUROPE - METALS: Metalloglobus Femonto Reconsiders Vendor Practices to Cut Expenses - Metal forger Metalloglobus Femonto (MF) has decided to eliminate Austrian and Dutch mediators from its line of purchasing raw materials and has established direct vendor channels to procure the tin necessary for its operation. This allows MF to save USD 400 on every ton of tin. Company owner Mihaly Vlaszak said MF will buy materials directly from Indonesia, based on an agreement signed recently in Jakarta. The deal states MF will receive 100 tons of tin within 2006 from the Asian ...

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