“Standard”: Everything that is produced is being exported, and the Revenue grows steadily

March 3, 2018 2:45 PM

The company “Standard” Prnjavor, one of the largest furniture manufacturers in Bosnia and Herzegovina (BiH), realized revenue of about 30.5 million BAM last year, which is about 1.5 million more than a year earlier.

Interestingly, almost all of the revenues are realized on the foreign market, in the amount of 29.5 million BAM, as it is reported on the basis of the company’s financial report.

The company had a net profit of about 2.3 million BAM , which is a million more than the previous year. The number of workers increased to 378.

The “Standard” produces furniture for the world’s largest company in this field – Swedish IKEA.

 

(Source: biznisinfo.ba)

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