Sweets producer Excelent Bucharest will invest $3.4 million this year, with the funds to be derived from shareholder contributions, own resources or raised from other sources, a corporate release sent to the Bucharest Stock Exchange (BSE) shows. Its 2003 S&R budget endorsed by shareholders at the end of April, shows the gross profit should reach $3.642 million while turnover should be worth $28.447 million. Excelent’s 2002 gross profit amounted to 128.3bn ROL ($3.88 million), while sales totalled 860.2bn ROL ($26.02 million). Excelent is listed on BSE, with the latest reference price, registered on April 22, reaching 4,100 ROL/share. Mediafax



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