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Petro Welt Technologies AG lifts profitability in the first half of 2016:Revenues in Rouble increased due to effective utilization of production capacities and value added services, margins and earnings rise due to reduced costs and strict financial manag

Published: August 26, 2016; 18:00 · (Vindobona)

In the first six months of 2016 the Petro Welt Technologies AG, Vienna (formerly C.A.T oil AG, change of name at August 23, 2016) continued the sound development of its business operations despite the trouble environment in the industry: The revenues in Russian Roubles increased by 2% compared to the same period of previous year.

Petro Welt Technologies AG lifts profitability in the first half of 2016:Revenues in Rouble increased due to effective utilization of production capacities and value added services, margins and earnings rise due to reduced costs and strict financial manag / Picture: © Vindobona

 

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Subtitle: • Sales revenues in rouble increased by 2%, in EUR…

This article includes a total of 832 words.

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