Exports should bring Gmundner Ceramics out of debts
October 8th, 2007 in General
The traditional enterprise with its famous ceramic design has financial problems. Now the company decided to start a new export offensive to get out of the debts.
Since three years the Gmundner Ceramics is in the red. Backward sales bring the company in a deep crisis.
Now a new export concept should bring the enterprise out of the debts again. The manager expects an increase in sales of five percent up to 10,1 mio EUR.
Chinese competitors with cheap ceramic products, started to ruin the Austrian business three years ago. The people are now sick of those products, and start to buy products from Austria again. This brings some hope for the company.
Gmundner Ceramics exists since 1903, and employs 200 workers who manufacture 2,6 mio plates, cups and vases every year.

0 Responses to “Exports should bring Gmundner Ceramics out of debts”
Please Wait
Leave a Reply