Polfa's hammer out financial deal with PHF over the future of the concern

According to Andrzej Kleszczewski, the head of PHF, this is a very important step in the process that will shape the future activity of the entity. "Until now PHF functioned thanks to a dividend from the Polfa companies. But due to taxes this solution is not good from the financial point of view. Apart from that, the agreement also describes some other elements of our cooperation," said Kleszczewski. The agreement will be signed on September 22, but the next few months will show if it works in practice. The cooperation will be based on providing chargeable services to the three Polfas by PHF. (Puls Biznesu, p. 7) A.F.