Bulgaria's NEK opens tender for new turbines at pumped storage plant
Sep 18, 2024 13:50 CESTSOFIA (Bulgaria), August 25 (SeeNews) – Bulgaria’s industrial group Stara Planina Hold [BUL:5SR] said on Monday it expects its sales to increase slightly by 0.93% to 120.2 million levs ($81.1 million/61.5 million euro) in the period January-August.
The sales of the holding company’s subsidiaries Hydraulic Elements&Systems [BUL:4HE] and M+S Hydraulic [BUL:5MH] are seen to rise by 11.26% and 5.63%, respectively, by the end of August, while those of battery manufacturer Elhim-Iskra [BUL:52E] are expected to decline by 9.48%, the holding company said in a bourse filing.
Stara Planina Hold’s sales through July went up by 2.63% to 108.5 million levs. In July alone, they amounted to over 15.2 million levs.
M+S Hydraulic’s sales in the seven-month period increased 6.92% to over 56 million levs. Hydraulic Elements&Systems (HES) posted a 12.28% rise to some 27.7 million levs. Elhim-Iskra recorded a drop of 8.36% to 15.9 million levs.
(1 euro = 1.95583 Bulgarian levs)
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