"Alas Holding" expects 50% larger turnover this year

Austrian company "Alas Holding", which owns four factories of building material, ceramics and stone in Serbia, expects about 50% larger turnover this year and it should amount to 31.8m EUR.

So far, "Alas Holding" has invested more than 70m EUR in Serbia, 17m EUR of which in 2007, and realization of 11m EUR worth of investments in factory "Zorka keramika" and 4m EUR worth of investments in "Zorka opeka" is underway.

These investments will raise the technology and production processes of the two factories to the highest European level.