Polish meat processing company OPPM Bialystok has predicted that it will make a profit by the year-end for the first time in three years.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Despite the company making a net loss of over PlZ15m (US$3.6m) over the last two years, Bialystok has undergone a major restructuring funded by capital gained from privatisation, and now expects to turn a profit.
Encouraged by the positive financial situation which it believes is down to an increase in purchase, processing and sales of meat, the company aims to increase the number of heads of livestock it buys each week from 4000 to 6000, reported the Polish News Bulletin.
