Sokołów keeps its form

A year ago the Sokołów Group made zł.1 billion in net sales revenue and its profit on financial operations hit zł.15 million, with its net profit coming in at zł.11.2 million. Now, after the first nine months of the year, the company has beaten these figures. Net earnings have surpassed 2004's figure by zł.115 million, operational profits reached zł.23 million and the net profit of the company increased to zł.17.5 million.

"The macroeconomics in Poland did not help us out, but we managed to keep ourselves on track," said Jerzy Majchrzak, a spokesperson for Sokołów. "In the summer, the Polish currency fluctuated enormously. Despite this, we maintained the company's adjustment processes that had been ongoing since 2000 [which included production specialization and a reduction in staff]. Thanks to that we are the unchallenged leader in our sector."

Sokołów's potential allows it to produce 1,200 tonnes of meat per day. The group has five different production facilities and also owns three companies: Igloomeat-Sokołów, Agro-Sokołów and Sokol-Ex.