Bottom 5 losers

TFONE TelForceOne, the dominant company of the eponymous capital group, produces and distributes electronics and accessories. The group controls a number of other companies from the sector, including CPA Czech, CPA Slovakia, Teletorium, R2Invest, Red Dog and Forever Europe. TelForceOne debuted on the WSE in Q1 2007. At present, its main shareholder is Springfield Investments, which holds a 50-percent stake. In 2007, the firm earned zł.121.4 million in revenues and had a zł.8.5-million net profit.

ELKOP Chorzów-based company Elkop creates and installs electrical systems and provides electrical services. Its main customers are heavy-industry companies, primarily firms from the mining industry. Elkop operates mainly in the Silesia voivodship. The company's revenues in 2007 were zł.7.2 million and it saw a net loss amounting to zł.938,000.

FON Bydgoszcz-based FON offers steel products. It is also active in real property development; road construction; civil engineering; construction of steel structures; waste processing, transformation, treatment and neutralization; production of construction materials; production of alternative fuels; and financial intermediation. In 2007, the company posted net revenues of zł.3.4 million and a net profit of zł.2 million.

MEWA Textile-processing company Mewa's main activity is the manufacturing and distribution of fabrics and garments, mainly lingerie. Its production capacity is around four million garments a year. The Biłgoraj-based company was founded in 1961. Its shares have been trading on public markets since 1997, when it entered the CeTO exchange. Those shares were transferred to the WSE in 2007. The company saw zł.25.5 million in revenues and a net loss of zł.3.6 million in 2007.

REMAK This Opole-based firm provides services for the modernization of equipment used in the energy industry, accounting for 80 percent of its sales, and for repair and assembly work, which makes up the rest of its sales. Remak's areas of expertise include welding, radiographical assessment and the development of repair technologies. Its strategic investor is Mostostal Warszawa. In 2007, the company had revenues of zł.225 million and a zł.2.8-million net loss.