Bartimpex begins to merge his bio-fuel assets

Aleksander Gudzowaty, the owner of Bartimpex, plans to merge the companies he acquired last year for zł. 126 million. The fusion will apply to Akwawit Wrocław, a leading producer of bio-ethanol used to produce bio-fuels, and Polmos Wrocław, vodka producer. The fusion should be concluded in January, and is designed to enable Bartimpex to more rapidly enter the bio-fuel components market. "We will merge the companies into one plant under the name of Brasco," said Aleksander Gudzowaty. Brasco is a company belonging to Bartimpex, which is to coordinate the operations of the parent company on the bio-fuel market. At present, Akwawit and Polmos are being restructured and a new vodka production strategy is being put together. "We will focus on promoting Krakus vodka. We have created an office which will be responsible for selling and distributing the product," added Gudzowaty. Bartimpex has so far invested zł. 10.6 million in Polmos and over zł. 1.3 million in Akwawit and is obliged to invest even more after the Biofuel Law comes into force. (Puls Biznesu, pp. 1, 8) M.M.