Jutrzenka to double turnover following Goplana acquisition

Jutrzenka plans to continue producing Goplana products in Poznań, and has pledged to maintain the current level of employment for at least 14 months. "Development of the company through acquisitions is in line with our strategy which was approved by the board. Ownership of the Goplana brand will give us a good start in new market segments, namely chocolate tablets, gift chocolates and hard candy," Jutrzenka president Jan Kolański wrote in a statement. Meanwhile, Nestle Polska president Luc Dourver emphasized that his company plans to focus on producing such brands as Nestle, KitKat and Lion. Upon announcement of the deal yesterday, Jutrzenka shares rose 4.5% to this year's high of zł.46. According to unofficial information, the Poznań plant generates around zł.150 million in annual revenues, which will allow Jutrzenka to double its revenues. (Puls Biznesu, p. 12; Parkiet, p. 3) T.J.