PGF pushes profits and expands shopfronts

Its turnover is expected to amount to zl. 4 billion as opposed to zl.3.89 billion in 2005, a figure company representatives are quite confident in reaching. After nine months the company has nearly zl. 40 million profit, an improvement achieved by raising profit margins on sales and cutting any cost increases. The second factor contributing to the companies improving situation is the expansion of its partner drugstore network. Currently it has over 1600 drugstores, however, PGF president Jacek Szwajcowski said that his company has a considerable advantage in the market and that over the next two years it will be increasing the number of its drugstores to 2400. He also announced plans to maintain the company's current policy of taking over smaller operations. (Puls Biznesu p.14) M.M.