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KONCAR CONCERN INCREASES SALES BY 13.3%

ZAGREB, April 2 (Hina) - In the first two months of 2003, Croatia's electrical equipment producer "Koncar" realised sales totalling 224.6 million kuna (EUR29.16 million), an increase of 13.3% compared to the same period last year, the concern stated. These figures do not include trade between companies that are members of the concern.
ZAGREB, April 2 (Hina) - In the first two months of 2003, Croatia's electrical equipment producer "Koncar" realised sales totalling 224.6 million kuna (EUR29.16 million), an increase of 13.3% compared to the same period last year, the concern stated. These figures do not include trade between companies that are members of the concern. #L# Domestic sales totalled 131.4 million kuna (EUR17.06 million), an increase of 17.7% compared to the same period last year. Foreign markets accounted for 93.2 million kuna or 42% of all sales. Exports in the said period rose by 7.5% compared to last year's first two months. Trade between companies which are part of the concern totalled 66.6 million kuna, an increase of 57.3%. Koncar's main foreign trade partner in the said period was France, which accounted for 14.3 million kuna of all sales. France was followed by Bosnia-Herzegovina (12.5 million kuna) and Germany (11.4 million kuna). 1 EUR = 7.7 kuna (hina) rml

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