POLAND: Wyborowa reports PLN104.09m loss

By just-drinks.com editorial team | 14 May 2002

Polish spirts company, Wyborowa SA (formerly Polmos Poznan), part of the Pernod Ricard group, posted a PLN104.09m net loss for 2001, which was attributed principally to the high costs associated with social payments to employees as part of its 2001 privatisation. The company said that the employee payouts cost the company in excess of PLN 80m.

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Polish spirts company, Wyborowa SA (formerly Polmos Poznan), part of the Pernod Ricard group, posted a PLN104.09m net loss for 2001, which was attributed principally to the high costs associated with social payments to employees as part of its 2001 privatisation. The company said that the employee payouts cost the company in excess of PLN 80m.

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