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Ricardo Gallo: chairman optimistic about company“s future

9 July 1998: Portuguese glassmaker Ricardo Gallo is preparing a strategic plan to run until 2006. Company chairman Manuel Gallo said he expects next year to be the company“s best yet.
Last year, th…

9 July 1998: Portuguese glassmaker Ricardo Gallo is preparing a strategic plan to run until 2006. Company chairman Manuel Gallo said he expects next year to be the company“s best yet. Last year, the company invested Es 2 billion in a new kiln and a new production line. Both are now in operation, increasing production by 15% to 115,000 tonnes of glass a year. The company now plans a listing. Last year turnover was Es 7 billion and the net result was Es 82 million.

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