Revoz Reports Record Sales for 2010

Revoz d.d., the Renault-owned Slovenian car manufacturer posted record sales of €1.32 billion in 2010, whereas the net profit stood at €18.6 million. The Novo mesto-based company published the audited results after Thursday's shareholders meeting.

For 2009, the company posted sales of €1.28 billion and a net profit of €20.5 million. The company recorded its second best production result in 2010, as a total of 211,493 cars rolled off the assembly line, while it had produced 212,680 a year before. The general meeting decided not to issue dividends this year and to transfer the €60.74 million of the 2010 balance profit to the next period due to Renault's planned projects and financial flow for the coming years.