Kompap share issue

The price per share was established at zł.6 and the issue will target existing shareholders only. The allotment of the 2.3 million J-series shares will begin on May 2.

Investments the company wants to carry out include the purchase of a zł.4.5-million property in Kwidzyń which the company currently leases. It will also buy printing equipment valued at zł.5.45 million in order to increase production capacity.

"This machine will open up the possibility to increase sales significantly," said Waldemar Lipka, the president of Kompap's management board.

Kompap's product line includes printed products, paper, self-adhesive labels and envelopes.

The firm saw zł.19.8 million in sales revenue and zł.5 million in profit last year.