Vegetable Oil Producer Argus Sees Profit Down To Half

05.09.2012 By Gabriel Razi

Argus Constanta, a top ten vegetable oil producer in Romania, ended last year with 7.9 million lei (EUR1.8 million) net profit, half the 2010 level. The profit decline came after a 30% increase in the raw material purchasing costs to EUR46.6 million.

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Keywords:
ARGUS
, OIL
, VEGETABLE
, RESULTS