Agro Wodzislaw looks for cash to promote new food products

Innova Capital (IC) investment fund is considering injecting capital into Ag ro Wodzislaw, which in February purchased a factory which produces ready made meals from American Heinz, the owner of Pudliszki. The minimum sum invested by IC in a company is euro 5 million. Agro Wodzislaw is searching for a smaller sum. "We need funds mainly to launch new sales, which will cost around euro 1 million," said Marian Oslizlo, the President and the main shareholder of Agro Wodzislaw. More costly investments are planned for the future. In March, the company will start production of spices, instant desserts and instant soups. (Puls Biznesu, p. 8) K.Z.