LG Egypt seeks $250m exports end-2017

Cairo – Mubasher: LG Electronics Egypt aims at raising its exports to $250 million this year, top official told Almal News.

The electronics company has completed 95% of its target exportation plan after exports rose 45% year-on-year in the first half of 2017, Europe business leader Don Kwack added.

The company allocated 70% of its production at the 10th of Ramadan for export per year, Kwack highlighted.

On 25 May, LG Electronics decided to raise its capital in Egypt to EGP 3 billion from EFP 100 million.

Mubasher Contribution Time: 04-Dec-2017 11:44 (GMT)
Mubasher Last Update Time: 04-Dec-2017 11:48 (GMT)