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10 Apr
16:06

Viohalco group boosts results through Balkans expansion

Viohalco, the Greek-Belgian group controlling a number of steel operations in Greece, Bulgaria and Macedonia, boosted its steel performance in 2017 thanks to new investments in the Balkans and a market recovery. Overall, the group’s steel sector increased revenue by 40% y-o-y to €765.2 million ($945.6m), mainly due to increased sales volumes. The sector also returned to profitability, posting a profit before income tax of €3.3m, compared with los…
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