The Czech subsidiary of Sweden's Seco Tools, Pramet Tools of Sumperk, Czech Republic, reported revenues of CZK584 million (?17.2 million) in 2000 up from CZK480 million in 1999. The sintered carbide tool manufacturer anticipates that 2001 will see its revenues grow to nearly CZK712 million.The company expects growth from an increase in both its sales in the Czech Republic and in exports. Pramet Tool's exports generated approximately 30 percent of its total revenue in 2000, at CZK180 million.
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