Ceramika Nowa Gala plans more exports to EU

Ceramic tiles producer Ceramika Nowa Gala plans to increase exports to EU countries in order to compensate declines noted in the eastern direction, the company’s deputy CEO Paweł Górnicki told the Polish Press Agency in an interview. Ceramika Nowa Gala recorded a 50-percent decline in sales to Russia and Ukraine, Górnicki said. The situation on the Polish market also remains unfavorable. “We were counting on a better situation on the Polish market. But the Ukraine effect was also visible here,” he added. In Q3 2014 the company recorded a sales revenue of PLN 58.7 million compared to PLN 50.5 million a year earlier. Net profit declined to PLN 3.9 million from PLN 4 million in Q3 2013.