Green companies awarded prizes

Flextronics International Kft, GE Hungary Rt, and Gallicoop Turkey Processing Rt were awarded the Environmental Savings prize yesterday, sponsored by the Association for Environmentally Aware Company Management. Six companies applied for the prize this year investing Ft 13.8 billion altogether, Ft 1.7 billion of which will return within a year. Flextronics has introduced a waste product recycling system that required no major financial investment, yet resulted in a saving of Ft 130 million and caused environmental benefits. In the category of ?investments with a 3-year return time', GE reduced its annual energy consumption by 362 MWh. Gallicoop was awarded a prize for reducing their increasing water consumption by drilling 5 new wells and building a purification system. (Vg 12) E.C.