Selena Romania Estimates 6 Mln EUR Turnover In 2007

F.A.
Ziarul BURSA #English Section / 23 mai 2007

Selena Romania, a leading producer of building chemicals, estimates a year 2007 turnover of 6.25 million EUR. "If we manage to maintain the pace set in Q1, when sales amounted to 1.2 million EUR, we estimate that the annual turnover will be 7 million EUR," said CEO Dorin Spataru. Last year"s turnover was 5.25 million EUR, up by 30% from 2005.

The company has added a new product to their portfolio, Tytan O1, the first environmentally-friendly polyurethane foam available in Romania. Tytan O2 does not release any toxic emissions and ensures the highest level of productivity among similar products in Europe. The introduction of the new product is ushered by a 55% increase in sales of polyurethane products in Q1, compared to the corresponding period of 2006.

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