No. 2 produce processor created by Agros consolidation

By the end of June three Agros subsidiaries from Bialystok, Tarczyn and Lowicz will be consolidated into one enterprise to create Agros Fortuna with a planned turnover of zl. 600 million. The aim is to create the second largest fruit and vegetable processing company in Poland. The architect of this consolidation is the French holding company, Pernod Ricard. "This consolidation will cut costs by as much as zl. 10 million. We shall also introduce an integrated management system," said the vice-president of the Agros Holding company and a representative of Pernod Ricard. The biggest opportunity for the company will be in exports. "First we will restructure and after this we may consider layoffs," said Marek Moczulski, president of Agros Holding. (Prawo i Gospodarka, page 14) M.M.