Cersanit increases revenues and considers investing abroad

Company president Zbigniew Lange, assured the results should be further improved in the second half of the year. "The figures are slightly above our financial forecasts," added Lange. In his opinion, they were due to aggressive activities, the higher quality of new products and logistical efficiency. Cersanit estimates that its share in the ceramics market amounts to 45% and to 15% in sanitary tiles. Thanks to growing exports, mainly in the East and Southern Europe, the company is able to compensate the weak situation on the domestic market. After concluding its current investments in expanding domestic production capacity, Cersanit is considering investing abroad. (Parkiet, p. 5) M.M