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Upholstery maker Groclin expanding

13:00

One of Poland’s leading manufacturers of automobile seats announced on Monday that it had signed a lucrative contract with a new customer. It reported that its revenues would increase greatly. In a press release, the company said that it had signed an agreement worth PLN 170 million. “We are pleased with the outcome, expanded cooperation and developing relationship that will allow for joint business plans in the coming years,” said the statement. At the time of writing, the identity of the new customer had not been released. Groclin operates production facilities in Poland, Germany and Ukraine. The 1,700-employee company has been listed on the Warsaw Stock Exchange since 1998.

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