Legal questions cause Boryszew to fail July deadline for cost-cutting merger

The merger of companies from the Boryszew group is due to be completed by the end of the year, after failing to meet a July deadline. The delay is due primarily to legal questions, such as should the company appeal once more to the Office for Competition and Consumer Protection (UOKiK) for permission to merge. The firm has already been given the go-ahead to do so, but that was granted before Poland joined the EU. Boryszew lists lower management costs and improved financial liquidity as the main advantages of the process. Distribution will also be improved by the creation of warehouses where products of all the companies would be available. Boryszew group consists of five chemical and building materials manufacturers, Boryszew, Elana, Huta Oława, Izolacja Matizol and Nylonbor. (Parkiet, p. 4) A.F.