Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Gorenje Group's Profit Up in First 6 Months of 2003
Sep 2, 2003
 Printable format
 Email this Article
 Search

The management of Slovenian appliance maker the Gorenje Group considers the semi-annual results of the core company and the entire group "solid." Moreover, it expects major goals of the yearly plan to be realized in 2003, the Velenje-based company said recently.

The company said that any problems it is experiencing in doing business stem from the exchange rate of the euro and the dollar, plus the slow economic growth in EU markers.

Nevertheless, its total assets amounted to SIT 154.3 billion (EUR 657 million) at the end of June, up 10 percent from the end of 2002.

Long-term investments of the group totalled SIT 11.6 billion (EUR 49 million). The company's half-yearly net sales revenues were SIT 60.2 billion (EUR 256 million), which is 46.1 percent of the company's annual plan and an increase of 1.5 percent from the same period last year. Gorenje's net profit was up 2.4 percent to SIT 2.1 billion (EUR 9 million), with its total assets at SIT 108.5 billion (EUR 462 million) at the end of June, a rise of more than 5 percent from last year's total assets. (Slovenia Business Week)

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows