Metalac is announcing increase of profit in 2016

Source: Beta Monday, 11.01.2016. 13:33
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(Photo: Metalac.com)
In 2016, Gornji Milanovac- based Metalac is planning an increase of profit by 8% compared to generated EUR 80 m.

GM at Metalac, Petrasin Jakovljevic, said to Beta agency that in 2015, profit totaling EUR 4 m was generated and that this year they are expecting more.

- We are staring with a number of uncertainties since since income in public sector has not been on increase where employees dismissals are expected. We have realistic plans even though facing serious economic crisis– Jakovljevic said.

He added last year the biggest sale decrease was at the market of Russia where highest export is generated as well bit it partially compensated in other countries, which will be typical for this year.

Metalac expects a lot from the fair in Frankfurt which will be held next month when the talks with American partners are planned on export increase of 50%.

Metalac employs 2.000 people.

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