Alprom sees 10% higher 2003 turnover

Furniture producer Alprom, based in Pitesti, logged $10m turnover in the first half, up 5% from the year-ago period, Violeta Anton, the company’s economic manager, told Ziarul Financiar. However, Alprom maintains its 10% growth estimates for this year, as the Western European furniture market is supposed to recover. “The European market did not do well at the beginning of the year, but Alprom did not see any decline. We had anticipated 10% growth, but achieved only 5%. The first part of the year came with both ups and downs, but we hope for a recovery in the second half,” Anton said. Alprom estimates about $22m turnover for this year. ZF