BUSINESS DIARY

Packaging maker's revenues at Sk1.92 billion

PACKAGING maker Grafobal, Skalica ended the fiscal year with revenues totalling Sk1.92 billion (€50.6 million). In 2003 it reported revenues of Sk1.88 billion (€50 million).

Growth trends the company recorded in 2004 were also reflected in other economic indicators, in particular in higher added value and operating profit.

The company's exports grew 7.5 percent last year when they exceeded Sk969 million (€25.4 million). Investments into its Skalica plant were more than Sk250 million (€6.55 million). Grafobal Skalica registered 718 people on its payroll last year. In 2004 the company built its fourth production plant abroad, Grafobal Don in the Russian town of Rostov on Don.

Grafobal Skalica is a member of the Grafobal Group. Apart from the plant in Russia it operates three further plants abroad, in the Czech Republic, Lithuania and Bulgaria.


Compiled by Spectator staff from SITA reports

Get daily Slovak news directly to your inbox

Top stories

Railway station in Košice

Who’s the foreigner in this country now?

The virus has highlighted some differences between migrants and locals, but erased others.

8 h
Košice

News digest: Slovakia has passed the peak of the second wave, health minister says

Polish doctors will help take swabs in Slovakia this weekend. People who have had COVID can just show their positive test result.

22 h
Rapid testing in Košice

Nationwide COVID-19 testing – and criticism – starts again

Longer ‘screening’ different to October operation.

22. jan
Ján Sýkora is an easy-going ice-hockey player who has got a great sense of humour.

Fashion brands mean nothing to me. Professional hockey player about his life in central Slovakia

In an entertaining interview, the down-to-earth ice hockey player, Ján Sýkora, talks about being a busy bee with a poor memory.

21. jan