Megachim expects 20% revenue increase in 2007

21.08.2007 Source: Dnevnik; FFBH

Megachim – a chemistry company based in Ruse – expects 20% increase in company sales revenues in 2007 up to BGN 18m, SeeNews agency announced. The growth will be driven by the boom in construction sector as well as by the introduction of new products. The new products are part of the cooperation between Megachim and DuPont Titanium Technologies under 5 year agreement. Megachim main business is the production of paint and varnish and sells about 20k tons annually. Main competitors on Bulgarian market are Orgachim and Boro.