Fabryka Mebli Forte shareholders meeting

No surprises are expected at the meeting, as none of the shareholders who are all well acquainted with the plans, have rejected the idea. The largest share issue, which is between 2 to 4.3 million shares is targeted at present shareholders. This way, Forte plans to raise enough funds to construct a production plant in Russia for EUR 11 million. A maximum of just over 2 million shares will be issued to the owners of Furnel, a company which was recently acquired by Forte. The last issue of around 500,000 shares is a part of a motivational system for company employees. Forte representatives announced that within two to three years, the company has the chance to triple its annual sales, which could reach zł. 900 million, which are a result of Forte's current strong investments. (Puls Biznesu, p. 8) A.K.