Tooling-up

It's thought that the firm will take over 51% shares for EUR 2.55 (zł.10.53) million. "We may sign the contract by the end of July," the Polish company's president, Radosław Koelner, said. Rivker's annual turnover amounts to EUR 3 (zł.12.4) million, and the net profit is in excess of EUR 400,000 (zł. 1,652,000). Koelner also wants to acquire two other un-named entities and the remaining 25% stake in tools factory Wapienica that it already holds a 75% stake in.
(Poland A.M.)