| Home | June 2011News | Freudenberg reports best sales and results; Vileda and Gala expand their joint venture/new plant at Adas |
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 Freudenberg reports best sales and results; Vileda and Gala expand their joint venture/new plant at Adas- Freudenberg reports best sales and results; Vileda and Gala expand their joint venture/new plant at Adas
- June 01, 2011
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In the 2010 financial year, the Freudenberg Group achieved new records in India. Sales of `794 crores represent a rise of about 42 percent compared with the previous year (`558 crores). The upward trend continues. In the first quarter of 2011, sales grew by 25 percent compared with the first three months of 2010. The number of associates has risen to more than 2,500.
"Once again, our Indian companies have shown themselves to be motors of growth for the Freudenberg Group," said Dr. Jörg Matthias Großmann, Regional Representative of the Freudenberg Group in India and CFO of Freudenberg Chemical Specialities, in Mumbai on Tuesday.
All in all, the internationally active Freudenberg Group recorded sales of about `33,109 crores in the 2010 financial year. After eliminating exchange rate effects, this represents a rise of about 30 percent compared with 2009. Gro...
- View more at: http://www.1888pressrelease.com/freudenberg-reports-best-sales-and-results-vileda-and-gala-pr-306934.html
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