Successful year for "Alfa Plam" from Vranje

About 3.6 billion RSD worth of last year's production and the net profit of over 353.3m RSD have ensured the leading position of Vranje-based company "Alfa Plam" in the production of household appliances in Serbia.

This Vranje-based stock company has 900 employees and over 100 stockholders. Every stockholder has got 400 RSD per stock, while the employees have been rewarded with total of 35m RSD for the successful year.

- This year we produced 92,000 household appliances worth over 2.2 billion RSD. We exported 37,000 heating bodies and registered 8.9m EUR worth of foreign currency incomes. Total of 32,361 products were sent to the local market. In annual production, 65% of products are kitchen ranges, stoves and fireplaces powered by solid fuels. We will have produced 145,000 appliances and registered over 20m EUR worth of incomes from export by the end of the year. For years we have been paying a great attention to improvement of technology, modernization and production growth. We spent 15m EUR from our own sources on procurement of cutting-edge machines and lines over the last few years - said Velin Ilić, the Director General of the company.

Thanks to large investments, which exceeded 1m EUR per year, production in this company has been increased by 26% over the last eight years.

- The products of "Alfa Plam" are equal in quality to European ones. We also successfully deal with growing competition in the country and the region - says Ilić.