Antares posts 41% lower turnover six months into the year

Antares Romania, a member of the Antares group, a manufacturer of ergonomic office chairs and of manager chairs, posted a 3 million-euro turnover in the first half of this year, down by over 41% against the same time last year. In the first six months of 2008, the Cluj-based company recorded 5.1 million euros in overall sales. At the beginning of 2009 the Antares Romania management expected the 2008 turnover to stagnate in 2009, at 10.5 million euros. “It is hard to make a relevant forecast regarding the overall turnover for 2009. We intend to keep sales at the same level as last year, but if we consider results posted in the first half of the year, it is unclear how things will progress in the future. We hope to make up for the poor performance recorded in the first six months of 2009, towards the end of the year,” Laczo Csaba, general manager of Antares Romania, told ZF Transilvania.