Grupa Lotos posts excellent 2003 results

The revenues increased from zł.6.3 billion to zł.8.4 billion in 2003. The company also managed to show an increase in operating profits, which amounted to almost zł.351 million as compared to zł.211 million in 2002. "Our process of restructuring has made our functioning more effective. In the retail segment we have increased our market share from 16% in 2002 to over 21%," announced Grupa Lotos President, Paweł Olechnowicz. (Puls Biznesu, p. 7) A.K.