Elstar Olis plans to fatten its share capital through issue

The share price was not yet settled upon. The raised funds will be used to enhance the planned investment program. "We plan to stand firmly on two feet: production of fats and biocomponents," said EO president, Stanislaw Rosnowski. The increase in production capacity will cost the company over zl.100 million, while the cost of the whole program is estimated to stand at around zl.120 million. "We respect the money of the shareholders, therefore we will also take advantage of investment credits," added Rosnowski. (Puls Biznesu, p. 12) A.K