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PM's decision another nail in the coffin for Jelfa?

Kaczyński decided that the production would be halted until all problems stemming from this issue are resolved. Representatives of the pharmaceutical branch are extremely surprised by the prime minister's decision, claiming that the company has its license and works legally so there is no reason to close it down. Jelfa could find it difficult to recover from this decision, as its situation has been deteriorating for some time now. In 2004 the company was ranked 16th in its field, while in 2005 it did not manage to crack the top 20. Its revenues are decreasing and stopping production will only intensify this. Jelfa currently has less than 2% of share market. In 2005 the company had 19.1 million profit and in Q1 of this year 17.5 million loss. (Puls Biznesu p.6) M.M.

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