ADVERTISEMENT

Zsolaka develops system to gauge tire wear

Innovation

Image by Shutterstock.com

Industrial tire seller Zsolaka has launched a HUF 150 million-160 mln project to develop a system for gauging solid tire wear, managing director Zsolt Horváth told MTI.

The system, which consists of a piece of hardware, four sensors and software, can extend tire life 5-8% when installed on forklifts, Horváth said. The system is still in the testing phase, but Zsolaka is already in talks with German and American forklift manufacturers about building it into their products, he added.

Zsolaka won HUF 80 million in European Union and government grant money for the project.

The company had net revenue of HUF 386 mln last year, public records show.

ADVERTISEMENT

MKIK: Local business tax should be maintained Analysis

MKIK: Local business tax should be maintained

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.