Oceanic looks to bourse to fund expansion of exports

"We want to transform into public company next year, after which we will prepare to enter the bourse," said Dorota Soszyńska, co-owner of Oceanic. "We need funds to develop the company, including foreign expansion." The new facility will be built at a cost of zł.15 million and is to be ready by mid-2008. "We have spent zł.4 million this year [on introducing new technologies]," said Soszyńska. "We want to offer products for pregnant women and the chronically ill." Dermo-cosmetics currently account for 8% of production, but this should increase to 20% by the end of 2007. Within the next three years the company's exports, currently accounting for 20% of its output, should triple. (Puls Biznesu, pp. 1, 10) M.M.