A slippery restructuring process for Opoczno

Representatives of the company explained that a loss of zl.6.6 million after H1 is the result of changing the company's profile. "We want to focus on sales and marketing instead of being only a manufacturing company," said Jacek Baginski, in charge of economic and development issues. Expenditures on the creation and restructuring of the sales network were the main burden on the company's results. "We would like to conclude the changes before the peak season starts. In our sector, Q3 and Q4 are the main periods influencing annual profits," said Miroslaw Godlewski, president of Opoczno. The company assured it would post a profit for the full year. In the coming months Opoczno will focus on renegotiating contracts with suppliers and reducing stock to increase liquidity, among other things. The company is also negotiating the acquisition of a Russian company. (Puls Biznesu, p.8) M.M.