Szentkiralyi Asvanyviz has posted a huge leap in bottled mineral water sales. The water company sold over 40m bottles last year, compared to 10.5m in 2003, the year of the company's formation.

In 2004, Szentkiralyi said, the company saw a 30-fold increase in its domestic market share to 8.6%, higher than the planned 7% share.

The company has also managed to sign export contracts with partners in 13 countries.

"Due to interest from consumers and industry players we managed to significantly increase our market share in 2004. With greater bottling capacity, we would have achieved over 10% market share based on our order stock," said managing director Levente Balogh.