Thursday February 14, His Majesty the King Carl XVI Gustaf inaugurated SCA’s pulp mill Östrand in...
Bulgarian paper packaging producer ups profits, trims expenses
Bulgarian paper packaging maker Yuri Gagrin has man-aged to raise its net profit for the first quarter of 2018 to BGN 2 million ($1.2 million), an increase of 33.3% compared with a year earlier.
In the first three months of this year, the company lowered its operat-ing expenses to some BGN 30.5 million, down from BGN 34.3 million in the same period a year earlier, according to the information ob-tained by local news site SEENews.com.
Established in 1964, the Bulgarian company specialises in making multi-colour printed packaging and labels from cardboard and paper. Yuri Gagrin supplies its output to a number of industries, including companies from the food, cosmetic and tobacco sectors