Ad

Ganz Transformers plans to increase workforce by over 100 employees

Apr 17, 2023
Companies
Posted by Staff

Ganz Transformers and Electric Rotating Machines Ltd, a Hungarian heavy machinery manufacturing company, has reported a significant increase in its turnover in 2022.

According to the company’s financial statement, its turnover almost doubled to a total of EUR 43.89 million, or roughly HUF 17.5 billion, compared to the previous year, meeting the targets set in advance.

The increase in turnover is attributed to the steps taken by the company to stabilize its financial situation. As a result, Ganz Transformers and Electric Rotating Machines Ltd has closed last year with a positive operating result.

To ensure sustainable growth, the company has hired 50 new employees at its factory in Tápiószele and its office headquarters in Budapest. Furthermore, Ganz Transformers and Electric Rotating Machines Ltd plans to increase the total number of employees by more than 100 new employees by the end of this year.

Source, photo: Ganz

Comments

Leave a reply

Your email address will not be published. Required fields are marked *