Rulmenti Barlad Expects 80 Mln EUR Turnover in 2007

F.A.
Ziarul BURSA #English Section / 7 mai 2007

Bearing manufacturer Rulmenti S.A. Barlad concluded 2006 with a net profit of 20.368.338 RON, compared with 27.968.058 RON in the past year. Investments declined to 9.080.115 USD , from 20.036.500 USD in 2005. For this year, projected investments total 6.866.000 USD.

Rulmenti S.A. Barlad is the largest bearing exporter in Romania, foreign markets being vital to the company. Last year, Rulmenti Barlad exported its products to companies in 42 countries on all continents, export revenue amounting to 55.405.207 USD (84,4% of total sales).

According to the approved income and expense budget for 2007, the company expects turnover to reach 80.000.000 USD, while revenue should amount to 85.700.000 USD. Gross profit is estimated at 9.900.000 USD and investments will total 6.900.000 USD.

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