Agros wants to focus on produce processing, sell the rest

Agros wants to focus on produce processing, sell the rest Agros board of directors say they want to limit the holdings activities and focus on the fruit and vegetable sector and juice production. The board, dominated by French Pernod Ricard, revealed its strategy for next year at its first press conference. Up until now the holding has been involved in such diverse fields as confectionery and coffin production. In addition to processing produce the holding also wants to develop foreign alcohol distribution. Agros wants to sell its remaining plants and according to Agros head Pierre Denetre Polish investors will be given preference. It is rather unlikely that Agros will make an offer to buy privatized polmoses said Denetre. Agros officials did not want to make any predictions about this year's financial results. In the last year Agros lost zl. 69 million. Pernod Ricard controls 75% of Agros shareholder votes. (Gazeta Wyborcza, Sept. 23-24, page 32)