Rafako promises to improve this year's figures

Energy equipment producer Rafako pledged to significantly improve its results this year and increase its export revenues to nearly 50% of total sales, as against 26% in 2002. "Currently, most of our best-selling products are waste utilization installations and incineration plants, and the majority of our foreign clients come from the EU," said the head of Rafako, Ryszard Kapluk, who also stated that the company's results so far, were in line with this year's budget objectives, according to which, the company's 2002 consolidated profit should exceed zł. 9 million. The company is currently carrying out major contracts for fuel producer PKN Orlen, Elektrownia Łódź and EC Zielona Góra power and heating plants, and hopes to take part in the privatization of the Łagisza and Bełchatów power plants, the biggest modernization contracts in Poland so far. (Parkiet, p. 4) J.K.