Barum Reports Show Record Sales in 2007

Continental’s AG’s Czech division, Barum Continental reportedly generated sales of 44.658 billion Czech koruny (roughly £1.3 billion) in 2007. According to reports in the Prague Daily Monitor, the figure is up 11.8 per cent year-on-year. The newspaper also reported that the company’s profits were up almost 25 per cent to 1.915 billion koruny (£59.26 million) in 2007. Sales to EU countries are said to have reached 22.491 billion koruny (roughly £695 million), rising by around 18.6 per cent over 2006.