Romanian baker Berceni has predicted a full year turnover of 350bn Romanian lei (US$11.15m) for 2001, up from last year’s figure of 207.8bn lei.
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Berceni recently unveiled sales worth 7.2m lei per month from its toast product. For the first half of this financial year, however, the company has posted a net loss of 3.9bn lei, on top of a net profit of 6.22bn lei for 2000.
Berceni is listed on the Bucharest Stock Exchange. Its majority shareholder is Romanian investment fund Broadhurst.