Annual Report Gorenje Group 2009

Annual Report Gorenje Group 2009 Annual Report Gorenje Group 2009

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Other furniture (halls, bedrooms, living rooms, children’s rooms) contributed 9 % of total sales revenue. The programme was revamped and its quality improved since it shall move from a lower price bracket to a middle price bracket. ECOLOGY, ENERGY AND SERVICES DIVISION Flexibility and innovativeness of our processes and services enabled the achievement of good business results in spite of the crisis that substantially decreased the scope of business activities in industrial sectors as our key market in 2009. Sales revenue of the Division remained at the level of the previous year. Due to the world financial crisis the prices of raw materials and energy products dropped at the beginning of the year 2009; as a result the selling prices of our main products dropped as well: waste iron, packaging, wood biomass, electrical energy and coal. This had a different impact on the sales volume of our products. In case of waste iron the volume remained at the level of the year 2008 and the sales revenue decreased to the level of the year 2006. Services relating to hazardous waste were marketed also in other segments due to the reduced scope of industrial production in Slovenia, Croatia and other parts of South-East Europe. The sales revenue significantly increased in trade waste due to the obtained new concession in municipalities that have no organised centres for waste management. The quantity of electricity sold was doubled in the year 2009, but sales revenue remained at the level of the year 2008. The cross-frontier trade in electricity in South-East and Eastern Europe was of vital importance. The quantity sale of wood biomass almost doubled in the Slovene market. The main reason for such growth is government subsidies for the use of renewable sources. The sale of coal did not achieve any important growth over the year 2008. We were successful in the representation and engineering of medical equipment, since we were professionally prepared for an intensive investment year in this area. In 2009 the state of Slovenia equipped some of the newly opened hospitals. The sale of tractors, fork-lift trucks, and other equipment considerably reduced mostly due to the limitation of investments in all areas of industry and agriculture. In 2009 the activities started also in the area of sale of equipment for solar power plants. The sales structure of the division drastically changed due to the adjustment to new conditions in the market - from the aspect of customers as well as from the aspect of products and kinds of services. 65 Annual Report Gorenje Group 2009

Structure of sales of the Ecology, Energy and Services Division Source: Data of the Gorenje Group 66 Annual Report Gorenje Group 2009

Other furniture (halls, bedrooms, living rooms, children’s rooms) contributed 9 % of total sales<br />

revenue. The programme was revamped and its quality improved since it shall move from a lower price<br />

bracket to a middle price bracket.<br />

ECOLOGY, ENERGY AND SERVICES DIVISION<br />

Flexibility and innovativeness of our processes and services enabled the achievement of good<br />

business results in spite of the crisis that substantially decreased the scope of business activities in<br />

industrial sectors as our key market in <strong>2009</strong>. Sales revenue of the Division remained at the level of the<br />

previous year.<br />

Due to the world financial crisis the prices of raw materials and energy products dropped at the<br />

beginning of the year <strong>2009</strong>; as a result the selling prices of our main products dropped as well: waste<br />

iron, packaging, wood biomass, electrical energy and coal. This had a different impact on the sales<br />

volume of our products. In case of waste iron the volume remained at the level of the year 2008 and<br />

the sales revenue decreased to the level of the year 2006.<br />

Services relating to hazardous waste were marketed also in other segments due to the reduced scope<br />

of industrial production in Slovenia, Croatia and other parts of South-East Europe. The sales revenue<br />

significantly increased in trade waste due to the obtained new concession in municipalities that have no<br />

organised centres for waste management.<br />

The quantity of electricity sold was doubled in the year <strong>2009</strong>, but sales revenue remained at the level of<br />

the year 2008. The cross-frontier trade in electricity in South-East and Eastern Europe was of vital<br />

importance.<br />

The quantity sale of wood biomass almost doubled in the Slovene market. The main reason for such<br />

growth is government subsidies for the use of renewable sources. The sale of coal did not achieve any<br />

important growth over the year 2008.<br />

We were successful in the representation and engineering of medical equipment, since we were<br />

professionally prepared for an intensive investment year in this area. In <strong>2009</strong> the state of Slovenia<br />

equipped some of the newly opened hospitals.<br />

The sale of tractors, fork-lift trucks, and other equipment considerably reduced mostly due to the<br />

limitation of investments in all areas of industry and agriculture.<br />

In <strong>2009</strong> the activities started also in the area of sale of equipment for solar power plants.<br />

The sales structure of the division drastically changed due to the adjustment to new conditions in the<br />

market - from the aspect of customers as well as from the aspect of products and kinds of services.<br />

65<br />

<strong>Annual</strong> <strong>Report</strong> <strong>Gorenje</strong> <strong>Group</strong> <strong>2009</strong>

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