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Masped-Railog revenue climbs nearly 2bn Forint
Hungarian rail cargo and logistics company Masped-Railog had revenue of HUF 14.5bn in 2007, HUF 1.9bn more than in 2006.
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This year, Masped-Railog aims to match last year's revenue,
managing director Tibor Mr Gyabronka said. In 2007, iron, plastics and other goods accounted for 42pc of turnover, cement, bricks and glass generated 23pc, and wood and paper products brought in 18pc.
About 74pc of revenue comes from EU orders, while 15pc comes
from CIS orders. Transit deliveries make up 4pc of revenue and
domestic deliveries 7pc, Mr Gyabronka said. Masped-Railog has 8-9pc market share in Hungary, and it would like to raise this to 10-11pc in the mid-term, the managing director said. Masped-Railog is 50pc-50pc owned by Masped Elso Magyar Altalanos Szallitmanyozasi and Schenker and Co. AG.
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