Unimil's share price rises along with growing foreign sales

The company wants to focus on its development on foreign markets. In the immediate future Unimil plans to increase its stake in the German market from the current 11% to 20-22%. "Over the past few months our share in that market slightly increased, even though we did not invest in advertising in that time. So the planned marketing actions should result in a further increase," explained Grzegorz Winogradski, Unimil's president. Apart from that, the company's management board believes that the European market is becoming to small, and in the near future plans to conduct research in China, where the firm hopes to gain a 10% market share thanks to introducing its luxurious condoms. Further plans envisage entering South America. Yesterday, Unimil's standing on the Warsaw bourse grew by nearly 17%. (Puls Biznesu, p. 11) A.F.