Boryszew to sell branch in Skawina for PLN 150 mln

WSE-listed Boryszew has signed a deal with PG Aluminium to sell its NPA Skawina branch for PLN 150 million, ISBnews reported. The final price will be set up to "the bilaterally agreed level of net working capital and net debt of NPA's as of the day of signing the final contract," a company's statement read. Boryszew is one the biggest industrial groups in Poland, it specializes in the production of automotive components. The company recorded revenue of PLN 5 bln in 2014 and its net profits stood at PLN 155 mln.