“Our revenue went up about 5% compared with 2016. It is too early to talk about the profit. We plan to preserve the results of 2017 this year,” Köber officials said.
The manufacturer posted RON290 million revenue in 2016, according to the data available on the Finance Ministry website, which means it posted RON304.5 million revenue in 2017, according to ZF’s calculations.
Köber increased headcount to 800, which means it hired more than 50 people last year. Profit stood at RON33 million in 2016, which means an 11% profit margin, the same as rivals Fabryo and Deutek’s.
The paint and coatings manufacturer based in Piatra-Neamt (NE Romania) and held by Aurel Köber posted growth of 21% in 2016, its highest ever. The revenue started rising in 2011, following a slight decline in 2010. (EUR1=RON4.6551)
(English version by Loredana Fratila-Cristescu)