Jutrzenka still bidding on take overs to boost sales

Bydgoszcz-based confectionery producer Jutrzenka announced that it will significantly increase its sales through acquisitions, as "Otherwise it would be hard to achieve," said Jan Kolański, the new company president who appointed at the beginning of June. He added that there were a few companies on the market, which are stuck at the level of zł.100 million in annual sales and cannot move forward, but his firm should be able to knock through this barrier in a short period of time. "We simply intend to create a strong group of Polish confectionery producers," said Jan Kolański. He believes that there the confectionary sector faces threats related to the EU accession, namely the growing price of sugar and lower VAT rates in neighboring countries. (Puls Biznesu, p. 10) M.M.