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Thursday, July 7, 2022

Pesticide producer Albaugh improves revenue in 2019

The Rače-based pesticide producer Albaugh, known as Primus before passing into US ownership in 2015, increased revenue by EUR 4.5 million to EUR 41.5 million in 2019 and reduced net loss from EUR 1.8 million to EUR under EUR 0.5 million.

 

The chemical company, which has a 100-strong workforce, said in its annual business report that sales were up mostly because of the launch of new products as well as the entry onto new European markets.

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