TZMO sets sights on Pollena Ewa takeover

Toruń-based medical dressings manufacturer TZMO has declared an interest in the takeover of Pollena Ewa, a cosmetics producer from Łódź. According to TZMO's representatives, there is every chance of a huge demand for Pollena Ewa's products on both domestic and European markets. "Taking over Pollena Ewa is the next step in the development of our capital group," said TZMO's Agnieszka Sobkowiak. TZMO was once state-owned but 80% was later taken over by its employees and 20% by health-care workers, mostly doctors. Last year the company recorded a net profit over zł. 100 million on sales of zł. 1 billion. The TZMO capital group comprises 14 manufacturing companies, 13 trading companies and two medical services providers. (Parkiet, p. 5) K.Ż.