PLN 12.5m contract for Hygienika
2008-10-30
Hygienika, a producer of nappies and hygiene products for women, has signed a one-year contract worth PLN 12.5 (€3.3m) with a European hypermarket chain. The agreement pertains to the supply of nappies to the countries of Central and Eastern Europe. The chain has not been identified.
According to Stanislaw Kolacinski, the company’s chairman, quoted in Parkiet, Hygienika has an opportunity to extend the contract and take the business to the Western European countries.
The producer earned sales revenues of PLN 37m last year and PLN 15m in the first half of this year.