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Kompania Piwowarska enjoys another record year

It was another record year for the company whose net profit in 2005 amounted to zl.570 million. The good financial results are also a source of considerable income for the state budget since KP paid zl.1.2 billion in taxes in the 2006 financial year. "Our excellent financial result contributed significantly to the Polish budget," stated Mark Bowman, the general director of Kompania Piwowarska. The company sold 12.9 million hectoliters of beer on the market last year, but plans to increase its sales by a further 4-6% this year as a result of its three-year program designed to expand its production capacity. The concern plans to invest zl.300 million to achieve a production capacity of 15 million hectoliters as compared to the current 14.7 million. This  would allow the brewer to satisfy half of the domestic demand for beer. (Puls Biznesu, pp. 1, 8) E.B.

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