Makarony Polskie to build factory in Egypt?

WSE-listed pasta producer Makarony Polskie is in talks with Egyptian Raya Holding for Technology & Telecommunications regarding potential strategic partnership, the company said in a market filing. The agreement would concern entering the African markets, including building a factory in Egypt. According to the filing no decisions have been made yet. Raya owns 19.39 percent stake in Makarony Polskie.