Richter CEO Warns Forint Strength Is Hitting Hungary’s Exporters
Hungary’s post-election market rally is turning into a challenge for Gedeon Richter Nyrt., as a strengthening forint erodes earnings for the export-dependent drugmaker.
By Marton Kasnyik · Bloomberg Markets
Hungary’s post-election market rally is turning into a challenge for Gedeon Richter Nyrt., as a strengthening forint erodes earnings for the export-dependent drugmaker.