Pátria invests Ft 100 bln in adjusting profile
Pátria Printing House Rt is to spend Ft 100 million-Ft 150 million on profile adjustment and technology development in 2005, said majority owner Olivér Dombrádi to Világgazdaság. After the EU accession, the fall in demand of duty forms and tax return forms has been significant. The company operates 12 stores countrywide selling business forms and stationery, and plans on opening some more in the near future. Pátria plans on topping its last year turnover Ft 4.5 billion by 5-6% this year and wants to exceed its 2004 pre-tax profit Ft 150 million-Ft 160 million by 30% to reach approximately Ft 200 million this year. (Vg 8) E.C.


