Solaris developing well thanks to booming export sales

Bolechow-based coach producer Solaris Bus&Coach sold 241 vehicles in 2002. Despite the drop in the number of bus sales in on the home market, the company managed to double production as exports soared. "In 2002, for the first time, the value of foreign transactions exceeded 50% of our revenues. We introduced two new models and acquired a financial investor, Kredyt Bank," said president of Solaris B&C Krzysztof Olszewski. According to the company, the increase of foreign transactions over the past three years gives hope that Solaris might meet its 2006 production plan of 1,600 units with exports accounting for 70% of revenue. In 2002 Solaris signed new contracts with clients from Malta, Sweden, Italy and Venezuela. (Puls Biznesu, p. 10) M.M.