Skip to content
Advertisement

Business

Investors enjoying baking the bread in Nowakowski Piekarnie

"Thanks to investors the company is slowly emerging from its financial difficulties and even managed to close last year with a small profit. It regularly covers its liabilities and reaches agreements with creditors. I cannot reveal the value of indebtedness, but it is quite high," said Jarosław Zawadzki, president of NP. The investors decided to enter the project, as they believe the market has huge perspectives, but also to gain a launching pad to Scandinavian countries, Baltic states and countries East of Poland. "The company is launching a long-term investment program. This year alone we intend to carry out investments worth several million euro. This concerns expansion of the plant in Nowy Dwór Mazowiecki. Thanks to new production lines production capacity will increase by 50%," said Zawadzki. This transaction might signal the beginning of the concentration of the bakery market in Poland. (Puls Biznesu, pp. 1, 9) M.M.

More from Business All