SPAIN: Denim maker Tavex emerges from losses
Spanish denim fabrics producer Tavex posted a EUR3.3m (US$5m) operating profit in 2007, compared with a EUR500,000 loss the year before, and plans to raise EUR40m to expand its business.
Spanish denim fabrics producer Tavex posted a EUR3.3m (US$5m) operating profit in 2007, compared with a EUR500,000 loss the year before, and plans to raise EUR40m to expand its business.