EnglishGalfinband - Galati estimates a 41.59 million RON turnover for 2007, compared to 29.6 million RON in 2006 (+40%), according to a company press release issued after shareholders had endorsed the budget for 2007. Galfinband estimates a net profit of 495,000 RON, up by 44.3 percent from the 343,000 RON reported in 2006. Revenues are projected at 47.5 million RON, up from 31.2 million RON yoy, whereas expenses should reach 46.95 million RON, up by 52.7 percent from 30.78 million RON. Galfinband is primarily a steelworks, but also manufactures industrial automation systems.
Galfinband Estimates 40% Turnover In 2007
F.A.
Ziarul BURSA #English Section / 4 ianuarie 2007
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