Ambra begins to become a regional wine importing giant

The firm had revenues of zł.505.3 million and consolidated net revenues of zł.28.5 after four quarters of the accounting year, which is 17% and 10% more than last year respectively. Romania was the fastest growing market, on which the company is present and the increment in sales amounted to 60%. "Products, which we have in Romania, despite of being known for many years, were underinvested. Now we are trying to change it, and as one can see we are being successful," said Piotr Kaźmierczak, financial director of Ambra. He went on to say that the growth in sales over the following years will not be as spectacular and is likely to oscillate around 10%. The company will develop in the Czech Republic and Slovakia via acquisitions and it intends to become a leading importer of wines from the whole world. The firm managed to maintain profitability of sales at a level of 25%. (Parkiet, p. 6)