Farm machinery seller Axial inaugurates HUF 500m base

The 1,320sqm warehouse and service building structure was inaugurated by Axial owner Zsolt Harsanyi, deputy chairman of farm machinery maker AGCO Corporation Hubertus Muhlhäuser and state secretary for agriculture Gyorgy Czervan. Axial managing director Zsolt Pinter said the company is making investments totalling HUF 1.5bn this year and next, opening three more bases and development infrastructure at its existing 15 businesses. Axial expects to close 2011 with revenue of HUF 46bn, well over the HUF 37bn target, Mr Pinter said.

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