Kolastyna wants to be on top of approaching cosmetics sector consolidation

Lodz-based cosmetics producer Kolastyna wants to strengthen its position on the market and takeover sector competitors. "We are closely watching d omestic producers and analyzing their situation, but we have not yet made up our mind what our actions will be," said Kolastyna investment director Pawel Guziejewski. He also denied rumors that his company was interested in taking over a majority stake in Pollena-Ewa. "We are look for an solvent partner with whom we would enter the EU," stressed Guziejewski. He believes that the consolidation processes will soon hit cosmetic producers, as companies with sales amounting to zl. 60 million will not be able to compete with companies like L'Oreal. Kolastyna has opened branches in Lithuania and the Czech Republic and also sells its products to Ukraine, Georgia, Russia and B elarus. At present the company has a 30% market share in beach cosmetics and 8% in body care ones. (Rzeczpospolita, p. B5) M.M.