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Corporate investments peak with the economic boom

This signals an increase by 25% in comparison with 2005. The values of commenced investments indicate that their value  will be higher than expected. It seems companies are spurred on by the buoyant economy. Pawel Szataniak, the president of food producer Pamapol, said that his concern is going to spend zl.20 million on expanding and modernizing. The company can allow itself to a spend more thanks to increased profits. In January, enterprises had savings of about zl.124 billion, which is one third more than a year before. On Friday, The Main Statistical Office (GUS) announced that retail sales in January and February increased by 16.6%. One of the biggest trade group in Poland, Eldorado, is going to devote zl.81 million to investments this year. (Rzeczpospolita, March 24-25, p. B1) M.M.

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