Frantschach Swiecie shareholders to decide on paying dividends of zl. 441 mn

Shareholders of paper producer Frantschach Swiecie, a subsidiary of Austria' s Frantschach group, will decide today whether or not to pay out zl.441 million in dividends, or zl.8.83 per share. According to Swiecie representative Iwona Janusz, these funds would come from zl.221 million in net profit generated last year and zl. 220 million from the company's capital reserves. Some analysts comment that despite the overall positive condition of the company, such outflows might endanger its financial liquidity. These concerns might prove to be true, as Swiecie says it intends to launch investments this year totalling as much as zl.445.8 million. (Puls Biznesu, p.8) M.K.