3E Group Grows in Eastern Europe

CompaniesRetail & Consumer ♦ Published: January 30, 2012; 16:42 ♦ (Vindobona)

The Austrian building material company´s revenues were up by 3.2% in 2011. Total sales reached € 546m.

3E Group Grows in Eastern Europe / Picture: © Vindobona.org

The building material group, which is specialized in the „Do-it-yourself“-segment, reports moderate growth figures for 2011. Sales in Austria were up by 3.4% to € 423m. In Eastern Europe, 3E reached sales of € 123m (+2.5%). As a result, losses from 2010 could not entirely be offset, where revenues went down by 4.0%. Especially in Bosnia and Montenegro, 3E realized significant…