RAAL Bistrita produces components for tractors worth 150,000 euros each
Ziarul Financiar
12.01.2010
Cooling systems producer RAAL Bistrita, has one of the most
optimistic budgets announced by a Romanian company so far,
expecting a 40 million-euro turnover for this year, up 50% against
last year. The advance comes from securing of three new contracts
with European companies for the production of cooling systems for
tractors and agricultural machinery. Tractors produced by John
Deere and Class companies, RAAL's new partners, are worth over
150,000 euros each. "In March last year we had orders worth around
800,000 euros, this was in fact the lowest level of the company's
business in the last few years. The situation improved in time,
with orders rising from month to month, and their value amounting
to 2.5 million euros in November," explained Paul Ilies, general
manager of RAAL.