DENMARK: INTER PRIMO'S 2000 RESULTS

Article Abstract:

Inter Primo, the Danish producer of plastic profiles, reports a DKr 36.7mn (USD 4.2mn) pre-tax profit for 2000, the same result as for 1999. Operating profit decreased to DKr 33.0mn from DKr 38.4mn, whereas turnover increased to DKr 496.4mn from DKr 483.1mn. After the summer, Inter Primo will begin targeting the market for plastic windows to an increasing extent; so far, the company has mainly been a subcontractor to industries. Flemming Grunnet, chairman of the board, says the company has to participate in the public debate, as plastic profiles are not considered politically correct at the moment. He says plastic windows much more eco-friendly than generally considered.

Sales, profits & dividends, Plastic Products, Plastics Product Manufacturing

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Denmark: Vest-Wood plans acquisitions in Germany

Article Abstract:

Vest-Wood, the Danish door manufacturer, is planning to make acquisitions in the German market as its exports to the country have gone up considerably in the 1990s. Vest-Wood's exports to Germany have climbed from some DKr150mn in 1990 to DKr500-600 is the fourth or fifth biggest supplier of doors and has a market share of 6-7%. Total Danish exports to Germany have grown by 11.2% to DKr53.8bn in the first eight months of 2001. This is chiefly ascribed to the exports of food products and machinery. Furniture exports in general have declined in the past years.

Asset sales & divestitures, Foreign trade, Foreign Trade (Exports & Imports), FURNITURE AND FIXTURES, Furniture & Fixtures, Furniture and Related Product Manufacturing, Metal Doors & Frames ex Storm, Metal doors

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DENMARK: NEW WINDOW COMPANY ESTABLISHED

Article Abstract:

Primo-gruppen, that is the biggest supplier of plastic profiles in Denmark, has entered into a strategic alliance with Rationel Vinduer which is owned by investment company Axcel and window producer Velux. The new concern includes PrimoVinduer Hobro A/S, Primo Vinduer Lintrup A/S and Avanti Plast A/S in Billund, and it will be the biggest supplier of plastic windows in Denmark with a turnover of DKr200mn (US$25mn). The new company aims to create a strong player to secure a continued strong growth for plastic window frames on the market.

Joint ventures, Unsupported Plastics Profile Shape Manufacturing, Extruded Plastic Products, Extruded plastics, Primo Inc., Primo Vinduer Lintrup A/S

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