Heavy-equipment maker Kvaerner IMGB, one of Romania’s largest energy equipment providers, hopes to break even again this year. The company owned by the Anglo-Norwegian group estimates revenues worth some $24m, up 20% from last year. Turnover went up 45% in US dollars last year, to 19.6 million dollars. “Considering the 2003 budget had originally scheduled $18m turnover, I believe these results are good, and were triggered by the recovery of the world energy equipment market,” said Florin Antonescu, general manager at Kvaerner IMGB. ZF
ZF English
Kvaerner IMGB targets 24m
Heavy-equipment maker Kvaerner IMGB, one of Romania's largest energy equipment providers, hopes to break even again this year. The company owned by the Anglo-Norwegian group estimates revenues worth some $24m, up 20% from last year. Turnover went up 45% in US dollars last year, to 19