Korona adds fuel to its fire
The company wants to earn zl.40 million to expand its production power and strengthen its working capital. Currently the company's production power enables it to generate zl.140 million in revenue annually.After investing, this could increase up to zl.280 million. The company also wants to invest money earned from the issue on a new production line, and pour zl.20 million into the Lódz special economic zone where it wants to build a new plant. In the 2005/2006 financial year, Korona posted zl.9.4 million profit at zl.132 million in revenue, with exports constituting 92% of total sales. A public offer is likely to be conducted at the beginning of next year. (Puls Biznesu p.10) M.M.