"Berlin Chemie has 1B euro potential"
Reinhard Uppenkamp, the chairman of German drugmaker Berlin Chemie, says that the firm may achieve sales of over 1.0 billion euros ($1.38 billion) this year. Mr Uppenkamp said that he had based his prediction on the potential of several projects that the firm has in development.
Current guidance issued by the company forecasts revenues of 970.0 million euros, which would represent around 10% growth on the previous year. The firm also announced that it plans to increase its workforce by 300, following the success of a similar expansion it conducted in 2006.
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