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Anti-freeze producer Boryszew, profits from the long cold winter

Last year, vehicle anti-freeze producer, Boryszew, earned a unit net profit of zł. 12 million, while its consolidated result stood at zł. 30 million. Its capital group consists of Elana and Oława. The president of Boryszew and Elana, Sławomir Masiuk, said that the anti-freeze producer managed to produce such good results thanks to, among other things, the long and severe winter. He also added that polystyrene packaging for household and hi-fi equipment was selling much better than anticipated in 2002. "It is such a promising product that we have decided to build an additional plant for its production," said Masiuk. Boryszew is interested in acquiring synthetics producer ZTS Gamrat, from the state, as according to the management of the company it would complement the company's offer and fit into its distribution network. (Parkiet, p. 4) M.M.

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