Business
Vatera business surges
Vatera.hu, the largest online auction portal quadrupled the total value of transactions done in 2004 compared to 2003, reaching Ft 1.2 billion. The total number of goods offered and sold reached 940,000. The portal also has 57,000 registered clients. The value of transactions was Ft 93 million in 2002 and Ft 317 million in 2003. Most of the wares sold were electronic products, mobile phones, cars and antiquities. Operator of the portal, Vatera Kft was established in 2000 and is owned by financial investors and the management. (Vg 13, NG 5) G.R.
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