6% turnover growth for Alprom

Pitesti-based furniture maker Alprom will register $19.5 million turnover this year, six percent more than last year, Violeta Anton, the company’s economic manager told Ziarul Financiar. “More than 70% of Alprom’s revenues are derived from furniture exports, which amounted to $14.2 million this year,” Anton specified. The company’s main export outlets are Holland, France, Germany and England. The export’s share in total turnover went up this year as compared to 2001, when it reached some 64%. The domestic furniture makers sell about 80% of their total output abroad. “Profit went down 15% in 2001, compared with 2000, but we estimate it will go up 33% in 2002 compared with 2001,” the Alprom official said. The company’s profit in 2002 will amount to $1.65 million, up from the $1.24 million posted last year. “Over the past few years, the company has made investments worth approximately $1 million annually, mainly aimed at retooling and introducing new machinery and installations, as well as improving the working and environmental conditions,” Violeta Anton said. ZF