A meat-ing of minds

The firm raised its stake in Ukraine-based Borys, to 95 percent. The deal was worth EUR 200,000 (zł.758,000).

"The acquisition of the Ukrainian company starts our previously announced expansion in the Eastern markets," said Maciej Duda, the president of PKM Duda. The firm also sees Asia as one of its key foreign markets. In autumn 2005 the meat concern was granted export licenses to the South Korean market and in December it began shipping meat there. PKM Duda is also trying to acquire export certificates to Japan, which it sees as a very promising market.

"Thanks to our presence on the Ukrainian market and export activity on Asian markets the revenues of our concern can grow fast," Duda said.