Asset sale could bring Romcarbon into the black - Azi

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Romcarbon Buzau, one of the leading manufacturers of plastic sheets and profiles, estimates a 90.6m-RON (25.64m-euro) turnover for this year, a similar level to last year"s.

In 2007, the company"s turnover doubled, from 45.6m RON (12.90m euros), but the company reported losses worth almost one million RON (283,000 euros), compared with the 4.8m-RON (1.35m-euro) profit derived in 2006. "For 2008, we have estimated a 90.6m-RON turnover, a stagnation from last year, and a profit that resulted from...

Read the whole story in: Ziarul Financiar