Veracomp's sales pay for international expansion

The firm, which sells specialist and niche solutions in the security, telecommunication and mass memory fields, currently operates in 11 CEE countries, but as Adam Rudowski, the company's president, explained, "By the end of 2005, the number will grow to 15-16 states." In 2003, the firm's sales totaled zł.169 million, but it expects that this year its turnover will surpass the zł.180 million mark. As a result of these revenues, the firm has enough money to furnish the independent expansion of its foreign sales network. "We stress organic growth and we do not plan to expand our capital group," said Rudowski. At present, Veracomp owns two logistics centers in Kraków and New York, which it uses to distribute products to local partners. (Parkiet, p. 4) M.M.