EU funds help expand Soraya's operation

"We anticipate that the 10,000 sqm plant will be ready at the end of next year," said Jaroslaw Cybulski, managing director of the company. Majority of the costs of the investment will be financed by the company's owners, but roughly 5%-10% will be obtained from EU funds. "Currently we export 10% of output. If we manage to achieve 20% next year, this will be a huge success," said Cybulski. In the accounting year ending on 30 September the company recorded turnover of zl.101 million and over zl.4 million in net profits. Next year earnings should remain on a similar level, while sales should be boosted by 20%. Currently the company employs 350 staff, next year it plans to boost this number by 100. (Puls Biznesu, pp. 1, 8) M.M.