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Dec 29, 2009 13:38 EEST
December 29 (SeeNews) - Bulgaria's largest sugar and fodder producer Zaharni Zavodi has started exports to neighbouring Turkey and has launched talks with potential clients in Romania, Greece and Poland, the company said.
The company started exporting 600 tonnes of wheat and maize fodder a month to a Turkish company in December following an upgrade of its fodder production unit, it said in a statement to the Bulgarian Stock Exchange on Monday.
In September Zaharni Zavodi launched a 20 million lev ($14.8 million/10.2 million euro) dry fodder unit producing fodder rich in proteins that is used as supplement in combined animal feed.
Zaharni Zavodi (http://zzgo.starazagora.net), based in the north Bulgarian town of Gorna Oryahovitsa, also comprises a sugar refining unit, a factory for sugar products, an alcohol factory, a packaging unit, a factory for spare parts and a thermal power plant.
The company posted a 2.0 million lev consolidated net profit last year, down from 2.6 million levs profit in 2007.
Its stocks was last traded at 2.56 levs on December 22 in a volume of 567 stocks, up 0.8% from the previous close.
(1 euro = 1.95583 Bulgarian levs)
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