Advanced Search
Nenad Bach - Editor in Chief

Sponsored Ads
 »  Home  »  Business  »  (E) Croatian Koncar Co. Posts 11-mo Revenues Up by 9.4%
(E) Croatian Koncar Co. Posts 11-mo Revenues Up by 9.4%
By Nenad N. Bach | Published  01/3/2006 | Business | Unrated
(E) Croatian Koncar Co. Posts 11-mo Revenues Up by 9.4%


Croatia:Croatian Koncar Co. Posts 11-mo Revenues Up by 9.4%

16:42 - 20 December 2005 - Croatian electrical equipment and engineering company Koncar posted 11-mo consolidated sales up by 9.4% y/y to 1.586 billion kuna (214.5 million euro).

Its domestic sales for the 11-mo period rose by 11% to 968.5 million kuna, while exports increased by 7% to 617.2 million kuna. Koncar's divisions, which provide goods and services to the energy and transport sectors, contributing 74% to the company's sales. Koncar said its main domestic client was the state-owned electricity monopoly Hrvatska Elektroprivreda (HEP), which had 44% of domestic sales. Most of Koncar exports in the January-November period were directed to Serbia and Montenegro, Bosnia and Slovenia.
Koncar includes parent company Koncar - Elektroindustrija, 23 subsidiaries and four affiliated companies.

How would you rate the quality of this article?

Enter the security code shown below:
imgRegenerate Image

Add comment

Article Options
Croatian Constellation

Popular Articles
  1. Dr. Andrija Puharich: parapsychologist, medical researcher, and inventor
  2. (E) Croatian Book Club-Mike Celizic
  3. Europe 2007: Zagreb the Continent's new star
  4. (E) 100 Years Old Hotel Therapia reopens in Crikvenica
  5. Nenad Bach & Miro Gavran hosted by Branimir Bilic on Croatian TV 2010
No popular articles found.