Polmlek may soon udderly dominate the dairy sector
Polmlek was created by Jerzy Borucki and Andrzej Grabowski, who began activity in the dairy industry in 1995. They gradually expanded the company by taking over poorly performing competitors and currently control four dairy companies with five total plants in Poland. In 2005, revenues from sales amounted to zł.700 million and, according to Jerzy Borucki, thanks to zł.120 million in investments and a good advertisement strategy, revenues are to hit zł.1 billon this year. In 2007 the company's revenues are expected to exceed zł.1.1 billion and, were this to happen, the company would begin to challenge the sector's three biggest players: Mlekpol, Mlekovita and Danone. Over the next two-three years, Polmlek's owners plan to take full control of shares in the companies that belong to their group and merge them into one. In 2007-2008 they plan to spend zł.120 million on investments. (Puls Biznesu p. 4) M.M.