Globus: export-income is to grow as USD strengthened
Monday, May 30, 2005, 00:00
Increasing price of USD causes higher growth in 2005 export-income of canning company Globus Rt, reported business daily Napi Gazdaság. Growth will be perceptible in the results of Q4, the company announced. Compared to the beginning of the year, price of USD has strengthened by 13% that will bring 3% of increase in the company?s income in USD. Globus planned 2 or 3% of export expansion on the Russian market for 2005, but due to the favorable rate of USD growth can be 5-6% greater than in 2004.