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Article: Audi Hungaria 2002 profits edge up 1.4% to EUR 280.8 million, sales rise 2.4%.
- Article from:
- Hungary Business News
- Article date:
- February 25, 2003
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Audi Hungaria 2002 profits edge up 1.4% to EUR 280.8 million, sales rise 2.4%
Budapest. February 25. INTERFAX-EUROPE - Audi Hungaria Motor Kft's sales revenues rose 2.4% to EUR 3.552 billion, while net profits were up 1.4% to EUR 280.8 million in 2002, the company informed Interfax Tuesday. Both figures represent new record for the firm, said managing director Jurgen Lunemann.
Audi Hungaria invested EUR 253 million in 2002, a significant 37% more than in the previous year. Investments since the firm's foundation in 1993 totaled EUR 1.511 billion. Last year, Audi launched the production of 2-liter engines using FSI technology, and constructed a new ...