The French drinks firm, Belvedere, is planning to boost its planned PLN130m investment in Poland by a further PLN70m. The company said it plans to invest some PLN200m over the next two years.
Belvedere posted a net profit of €9.9m on net sales of €96.8m in 2002. The company now exports to some 37 countries but 90% of its sales revenues come from Poland. The company is targeting a net profit of €8m for 2003 on sales of €133m.
