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Zetkama Performs Well Despite Strong Zloty and Rising Prices.

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| October 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Polish News Bulletin)

Leszek Jurasz, CEO of industrial fittings manufacturer Zetkama, complains about the strong zloty, which together with rising energy and raw material prices is not helping his company achieve good results. He stresses that Zetkama sells 75 percent of its produce abroad, while for its recent acquisition Srubena the respective share is 50 percent. At the same time, Jurasz states that given these unfavourable circumstances the ...

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