Will a new plant fuel a 40% increase in Famed's export-led incomes?
The move will also see the company taking on 100 new workers on top of its current 800-strong work force. Last year, the company, which specializes in the production of incubators and chairs for dentistry and gynecology, recorded sales totalling zł.90 million, with 70% of its products being sold abroad. "We sell the products under our own brand name to 80 countries around the world," the company's president, Czesław Wandzla, revealed. With such a significant proportion of the company's business coming from exports, Famed has been able to minimize the effects of the ailing domestic health care system on its business, something further enhanced by the fact that in addition to selling to government-funded domestic hospitals it also targets the private health care sector, where problems with payments are far less prevalent. (Puls Biznesu, p. 6) A.K.