Gov't prepares VAT hike on catering services

"It is difficult to speculate who will be hit the hardest with the increased tax. It will surely have an impact on prices," stated Wojciech Mroczynski, the financial director of Amrest, a company which owns Pizza Hut and KFC networks. "It is difficult to imagine that companies from the sector could afford to compensate the price increase by decreasing their profit margins," added Mroczynski. Food producers also do not intend to give up their profits. "We will certainly not take the increase on ourselves since we already selling poultry at the verge of profitability," stated Leszek Kawski, the general director of the National Poultry Council. (Puls Biznesu, pp. 1, 6) E.B.