On 6 July 2018, Propapier, a company belonging to Progroup AG, awarded the contract for its new...
Bulgarian paper packaging maker raises sales
Bulgarian paper packaging maker Yuri Gagarin Plc has reported increased sales for 2017, at BGN 140.1 million ($88 million), an increase of 14% compared with a year earlier.
Last year, the company also sold one of its warehouse facilities for BGN 7.9 million, as reported by local news site Seenews.com.
Yuri Gagarin specialises in making multi-colour printed packaging and labels from cardboard and paper. The company supplies its output to a number of industries. These include the food, cosmetic, and tobacco sectors.
Set up in 1964, the company has been listed on the Bulgarian Stock Exchange (BSE) since 1998.