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Nemak Gyor projects revenue of more than EUR 75m in 2010.

Europe Intelligence Wire

| November 30, 2009 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, November 30, 2009 (MTI-ECONEWS) - Mexican-owned Hungarian cylinder head maker Nemak Gyor sees 2010 revenue rising over the EUR 75m expected in 2009, though not by as much as the 20pc increase in volume output, managing director Gabor Mersich told MTI.

Sales volume is expected to rise to 1.5m units in 2010, back to the level in 2008, from 1.25m in 2009, Mr Mersich said.

Nemak Gyor had sales revenue of EUR 105m in 2008 and EUR 116m in 2007. Mr Mersich said the company has …

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