Furniture Factory Standard from Sarajevo increased its Revenues by 7.5 million BAM

April 26, 2017 9:15 AM

standardFurniture Factory Standard Sarajevo last year increased its revenue to about 7.5 million BAM, according to the financial statements of these companies.

Operating revenues of Standard Furniture Factory Ltd. Sarajevo was increased from 47 million KM in 2015 to 54.5 million BAM, and this largely refers to the foreign market. According to the report, a total of 53.9 million BAM refers to revenues achieved on foreign markets.

Net profit was increased by one million BAM last year, from a total of 245,000 BAM a year earlier.

Standard exists for 50 years and it is the leading company for the production of furniture in the region. Its products are placed throughout Germany, Austria, Belgium, the Netherlands, Switzerland, Slovenia, and Croatia.

Last year, the company increased the number of employees from 596 to 687, as reported by BiznisInfo.

(Source: akta.ba)

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