IGM "Trudbenik" ready to cope with financial crisis

Following the process of restructuring and reorganization of all units of the factory, Industry of building materials “Trudbenik” will be ready to cope with the growing financial crisis.

That process that started few months ago is going to be finished soon, and the reason for the commencement of the process was the growing financial crisis that already has effects on the real sector.

They made new staff solutions at all levels, while the number of employees was reduced to an optimum that makes it possible for the company to be operationally functional. The debts are reduced and the price of stocks, almost four times higher than the initial price, is maintained.

Having in mind the trend of growth of fuel prices, saving and control of consumption of all fuels, including gas, are regular activities.

These moves are made by means of internal resources for the sake of the company’s survival in the difficult conditions for business and sustainability of competition in both local and foreign market.

Besides, the life of CE sign on “Trudbenik’s” products, which represents a necessary condition for export to EU markets, has been extended.

According to the announcement, it is expected that these measures will help company "Trudbenik" register profit by the end of the year and adapt to the new economic reality without some serious consequences.

At the end of November, "Trudbenik" will be a participant in the 15th international universal trade fair “Panair 2008” in Tirana, which will be followed by stronger penetration of Albanian market.