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Fagor aims for 10% of European market share in 2008 (Un objetivo continental).

Europe Intelligence Wire

| May 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From El Pais)

Spanish domestic appliance group Fagor Electrodomesticos is aiming to invest 424m euros as part of a 2005-2008 business strategy plan, which includes the goals of: attaining a 10 per cent share of the European market, and consolidating its position as fifth-largest company in the sector; reaching a turnover of 2.1bn euros, up from 1.7bn euros after its turnover of French group Brandt, which is pending the authorisation of competition authorities; and posting total profits of 152m euros during the ...

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