Polfa Kutno back in black following restructuring

Pharmaceuticals producer Polfa Kutno has pulled its operations out of the red through its recent restructuring program and is now apparently headed for more profitable years. After posting a loss of zl.2.2 million at the end of Q3 2000, its results for the end of the same year reached an amazing zl.4.2 million in profits. In 2001 Polfa is banking on the full effect of its restructuring to kick in. The pharmaceuticals producer unloaded its infusion liquids unit and put an end to its production of cereal products, and instead is now focusing on production of its pharmaceutical products. The company puts its turnover in 2001 at zl.174.5 million, with profit estimated at zl.16.5 million. (Rzeczpospolita, Feb. 10-11, p.B2)