Greek group Loulis Romania is ready to invest about two million dollars this year in distribution and the launch of new products.
The company logged almost 34 million euros in turnover last year, up 6% since 2001, while gross profit was three million euros, says executive manager Stephanos Krommidas. Loulis Romania posted turnover worth 32 million euros in 2001. According to Krommidas, the company could have done better, but production slimmed down as some operations were relocated to Bucharest. ZF
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