Alprom: bigger income, smaller business

Pitesti-based furniture manufacturer, Alprom, estimates an increase in profit by 142%, to 1.9 million RON (0.45 million euros), while turnover will fall by 4.4% to 74.3 million RON (20.7 million euros), stated the company’s financial manager, Ovidiu Suta. “Turnover will drop in 2006, as the three departments that manufactured fibreboard, timber and aesthetic veneer are now separate entities, with Alprom being a majority shareholder in each of them,” explained Suta. At the same time, the company changed its production structure, by increasing the share of furniture made from solid wood, which would lead to a significant increase in profit. “Previously, we also used beech or resinous wood as raw materials, which, as they were cheaper, set a lower price of the finished product.”