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Cosmetic companies expand operations

Currently the plant covers 18,500 square meters, this will be extended by an additional 4,500 square meters with the project expected to be completed by the end of June 2007. This investment will enable the company to produce an extra 23% or 40 million products a year on top of its current 171 million. Other cosmetic companies are also reportedly planning investments with Sopraya to spend zl.80 million plant extensions in Radzymin, and Kolastyna which, apart for making its debut on the market, wants to extend its plant by 10,000 square meters. 20% of Kosmepol products are sold on the Polish market and the rest are exported with the largest client being Russia. In 2005 the company had a zl.977 million turnover, this year it expects even higher results. (Puls Biznesu p.18) M.M.

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