Will Swarzędz and Paged become a furniture superpower?
Prior to the stock issue the company is planning to restructure part of its debts by converting zł.23 million of short-term liabilities to long-term ones and at the same time carry out deep changes in the capital group. "I would not like to comment on it," said Julian Nuckowski, president of Swarzędz. It is possible that the firm will sell one or a few of its six subsidiaries, or even create a new company. According to Parkiet daily sources, this would be a joint project with Paged. Swarzędz would provide brand and design of furniture, while the other partner would provide the distribution network. Paged also declined to comment on the information. (Parkiet, p. 1) M.M.