CHS-Verysell expects $50 million revenue in 1999

CHS-Verysell has announced preliminary results of its work in 1999. According to CHS-Verysell president Mikhail Krasnov, his company's quarterly revenue was $6.5 million in the first quarter, $10 million in the second quarter, $14 million in the third quarter, and is expected to amount to $18-20 million in the fourth quarter. Among the largest projects carried out by the company this year were the delivery of equipment to Navoysky Mining and Smelting Combine, Gasprom, Comcor and Nizhny Tagil Metallurgical Combine. The best dealers according to their procurement volumes were Complete, Incomproject, Technotrade, Palladin and Cherus.

CHS-Verysell: (+7 095) 705-91-94 www.chs-verysell.ru

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