• Coronavirus in Hungary
  • coronavirus
  • Budapest
  • Covid immunity certificate in Hungary
  • Covid immunity certificate/vaccine passport
  • Hungary border control
  • HelloMagyar
Lottery Company Szerencsejatek Revenues Record HighLottery Company Szerencsejatek Revenues Record HighLottery Company Szerencsejatek Revenues Record HighLottery Company Szerencsejatek Revenues Record High
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Daily News Daily News · 12/08/2014
· Business

Lottery Company Szerencsejatek Revenues Record High

(MTI) – Hungary’s state lottery company Szerencsejatek increased its revenues by an all-time record high of 36 billion forints (EUR 114m) or 32 percent in the first half of this year compared to the same period of last year, National Development Minister Miklos Sesztak said on Monday.

From the company’s total revenue of 148 billion forints it contributed 35.4 billion forints to the budget, over 21 percent more than in the same period of last year. After-tax profits were 8.617 billion forints in the first half of this year or 55 percent up from the same period of last year.

lottery-hungary

Sesztak said that Szerencsejatek has become one of the ten largest taxpayers.

Four years ago, the government set the goal to disprove the stereotype that a state-run company cannot operate as profitably as a private one. The state lottery company is proof that state firms operating in a well-balanced and successful way can be competitive and considerably contribute to the central budget, the minister said.

Photo: MTI – Noemi Bruzak

Source: http://mtva.hu/hu/hungary-matters

Share
Daily News
Daily News

Related posts

04/07/2022

Economic committee hears candidate for Hungarian State Audit Office head


Read more
04/07/2022

Finance minister Varga: Opposition proposals would boost spending by EUR 11.5 bn – UPDATE


Read more
woman, home, relax, homeoffice
04/07/2022

This Hungarian city may introduce the 4-day workweek


Read more

Leave a Reply

Your email address will not be published.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

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • John Malkovich performs again in Budapest
  • Hungarian forint has been hammered again: HUF has hit a new historic low! – UPDATE
  • New Hungarian licence plates are here! – PHOTOS
  • Hungary does not approve of giving Russia and China a similar threat level

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!
Posting....