HUNGARY: Pannon-Flax Sees HUF4.3bn Revenue In 2001
Pannon-Flax, a Hungarian textile company, sees 4.3bn forints revenue ($14.7m) and 180m Hungarian forints ($617,700) pre-tax profit in 2001. The company intends to sell 5 million sq m of textiles in 2001, 5.6 per cent more year-on-year.