Action to see increased revenues in Germany

Capital group Action expects to see revenues from its German subsidiary Action Europe increased to €180 million in 2015 from €105 million in 2014, Piotr Bieliński, CEO of the company said on Tuesday. "Large foreign markets, such as Germany, offer the biggest opportunity to expand. The costs of investments have increased, but the company is here to invest," Bieliński said during a press conference. The board of Action said that currently sales in Germany are growing by 50 percent year-on-year. The company expects that its presence on the CeBIT trade fair will boost sales even further. The group estimates that the most perspective market sectors include GSM, digital signage and electrical appliances. Action also wants to increase its presence in retail market chains. Capital Group Action was set up in 1991 and has been traded on the WSE since 2006.