Ready made meals to be added to the menu at WSE
The largest player in this sector, Pamapol, has already submitted its issue prospectus with the Securities and Stock Exchange Commission (KPWiG). Soon the Commission will receive another application from the second largest producer of canned meat and paté in Poland - Mispol, which intends to spend the proceeds from the IPO on becoming an important player in ready meals. "We want to invest in boosting our production capacity and widen our product portfolio by new products in so-called convenience food area. Thirdly, we want to enter a very promising market of food for cats and dogs," said Marek Piątkowski, president of Mispol. He went on to say that the firm intends to debut later this year. "The market for canned meat has stabilized in Poland. Ready meals have a much larger growth potential. We are working on introducing convenience food to the market," said Henryk Cieśliński, managing director of Pamapol. The company will reveal details of its offer and market strategy next week. (Puls Biznesu, pp. 1, 11) M.M.