North Coast debuts on WSE

The company's CEO, Silvano Fiocco, quickly announced that his company would invest from zł.58 to zł.63 million in Poland in order to strengthen its position in the market. The money will be spent mainly on building or renovating warehouses.

North Coast is the 254th company to debut on the Warsaw exchange. The company was founded in 1992. Its preliminary results for 2005 show zł.8.2 million in net profit, zł.10.2 million in operational profit and sales revenues of zł.73.4 million. The importer's 2006 forecast projects zł.10.8 million in net profit, and zł.93.3 million in sales revenues.