Sokólka is Invido Sverige's window to the Polish market
Invido Sverige took over Sokólka in July, 2006, thereby saving the company from a financial predicament. Now it will provide the company with necessary funds for further expansion. The president of Sokólka, Janusz Majchrzak, said that in two to three years the firm wants to be number one in Poland. He also said that they are going to invest in new technologies and increase production. The company will devote zl.14 million for investments this year and the next. The biggest companies on this market have a 5% market share and Sokólka is counting on acquiring a 10% share after its investments. In 2006, its turnover will amount to EUR 20 (zl.76.6) million, a 15% increase as opposed to 2005. (Puls Biznesu p. 8) M.M.