Export revenue was close to HUF 80bn.

Higher feedstock costs reduced EBITDA to HUF 5.5bn from HUF 10.7bn. BioTechUSA is mitigating those costs with a structural reorganisation and steps to boost efficiency.

BioTechUSA is present in 104 countries around the world, with 51 webshops, 332 brick-and-mortar businesses in Europe, and more than 4,800 business-to-business partners.
 

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com
 

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