Bonbonetti group calculates with declining revenues

By: trademagazin Date: 2012. 11. 27. 16:49

The Bonbonetti group calculates with declining revenues this year compared to last year, due to the decline of the domestic market – CEO Sánta Sándor told at a press conference in Budapest on Tuesday.

He added that this year the management expects a 10.6 billion HUF revenue, compared to last year’s 11.1 billion HUF. Next year revenue is expected to be on the 2011 level, due to the change of ownership.

The Ukrainian competition authorities recently approved that the Bonbonetti group to become part of Roshen Confectionery Corporation. The CEO was not able to inform when they will sign this contract. He pointed out, however, that Bonbonetti signed a strategic alliance with Roshen this spring. (MTI)