Ajka Kristaly has won a contract to make glasses and bottles for Rolls-Royce luxury cars, the business daily Napi Gazdasag said on Tuesday, quoting Ajka Kristaly CEO Zoltan Katzer.
Ajka Kristaly, a member of the Fotex group, has so far received orders to supply such products for 700 vehicles.
Ajka Kristaly’s orders declined around 60pc following the onset of the economic crisis, with debts reaching HUF 1.8bn (EUR 6.81m). Therefore, the company was compelled to apply for bankruptcy protection one year ago, the paper noted. However, since several of Ajka Kristaly’s competitors went bankrupt, the company’s market position changed during the second half of last year.
The company had net sales of HUF 1.5bn in 2009, down from HUF 1.8bn in 2008.