Redan reaps rewards of retail outlet expansion and registers rising revenues

"This is a good result within our predictions," said Piotr Kulawiński, deputy president of Redan. Apart from using its own retail network, the company is also selling its products to wholesalers, hypermarkets and discount stores, something Kulawiński described as "growing successfully." He added, "We have recorded a substantial growth in revenues. We have acquired new commercial contracts with hypermarkets, which should come into effect over the short-term." The firm plans to expand its retail network further, financed by its IPO revenues. (Parkiet, p. 4) M.M.