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Revenue forecasts for ZCh Police to reach zł.5 bln in 2015

2008-11-17 00:00
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2008-11-17 00:00
This optimistic scenario envisages that the economic slowdown would not last longer than one year, while the new strategy is fully carried out. "If the crisis extends to three years, sales will increase to zł.4 billion annually," said Arkadiusz Pawlak, deputy president of ZCh Police.

In such a case, execution of the company's strategy is to last through to 2020. Development plans published on Friday envisage an investment of zł.600 million over 2015-2020 and about 40 percent of this amount would be provided from the firm's own capital. The largest share of this amount, but smaller than 50 percent of the total planned expenditures, would be designated for acquisitions with the largest of them likely to consume zł.200 million. 

These plans are to commence in Q1 2009. About zł.125 million will be designated for the modernization of the Urea production installation, which would boost its current output of 400,000 tones annually to 600,000 tones. Another significant investment would concern expansion of its seaport at a cost of zł.120 million.

Sources: Parkiet, Rzeczpospolita

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