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Sunday, December 4, 2022

TAB company back to growth after challenging year

By: P.T., STA

TAB, a maker of starter and industrial batteries, saw sales decline by 15% last year to EUR 233 million after a deep slump in spring, with net profit down by nearly 30% to EUR 16 million.

This year, however, sales have rebounded. In the first seven months of the year the company recorded sales of EUR 148 million and almost EUR 11 million in net profit. Director Bogomir Auprih said the situation this year was “good, perhaps even very good”.

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