Pambac’s business stagnated at the Q1 2008 level

The business of Pambac Bacau, a major milling and baked goods industry producer, stagnated in the first quarter of this year compared to the first three months in 2008, at some RON 51 million (€11.9 mln), according to company officials.
For this year, the company’s management is considering two scenarios, an optimistic one, expecting turnover of €53 mln, and a pessimistic one, which includes a 15 percent drop (computed in lei).

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