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Yalco Expects EUR 44 million 2002 turnover

Greek glassware importer Yalco said in mid-February that it expects to achieve a full-year turnover of EUR 44 million in 2002. The financial results of the household utilities manufacturer and trader …

Greek glassware importer Yalco said in mid-February that it expects to achieve a full-year turnover of EUR 44 million in 2002. The financial results of the household utilities manufacturer and trader Vellifest will be included in Yalco“s 2002 results, following the completion of their merger procedures. Yalco closed 2001 with a turnover of EUR 30 million and a pre-tax profit of EUR 2.6 million. The company recently acquired a majority stake in the furniture manufacturer Laskaridis.

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