Mieszko continues to ponder over its expansion and take over plans

The company announced that it is interested in the acquisition but only if the transaction will be profitable for its shareholders. "We have made a market analysis and valuated several companies. By the end of October it should be clear whether we decide on a takeover or opt to further develop organically," said Marek Moczulski, Mieszko's president, who is responsible for the company's restructuring. He also revealed that the concern is thinking about increasing its production over the next two years, and to possibly begin producing sweets under other firms' brands. "We have a few contracts from foreign companies, not operating on the Polish market. The contracts are very profitable," disclosed Moczulski. Mieszko is developing faster than the market. After H1 this year, it recorded revenues of zł.85 million, which is the highest result in the company's history. Its operational activity profit in the same period amounted to over zł.2.3 million. Due to high costs the company posted a net loss of zł.740,000. (Parkiet, p. 5) A.F.