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BUSINESS BRIEFS

Grafobal seeing lower sales in 2004

THE PRINTING and packaging company Grafobal recorded Sk434.1 million (€10.9 million) in sales in the first three months of this year, an 8 percent annual decrease, the Slovak daily Hospodárske noviny wrote.

Its revenues were Sk456 million (€11.4 million), compared to Sk486 million (€12.2 million) in the same period last year.

Grafobal exported 51 percent of its production.

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