Lena to give light to railways

28-09-2007, 10:27

Warsaw (Puls Biznesu) – New production lines will help the company generate PLN 6m (EUR 1.6m) of sales.

Lena Lighting increased its offer with road and railway lighting products this year. Before, it used to sell industrial and decorative products only.

“We are very satisfied with the railway and road sector. We use nearly 100 percent of our capacity”, Maciej Rychlewski, Lena CEO said.

The company is delivering PLN 2.5m of orders for railways. The CEO expects this unit will generate PLN 4m of sales this year against PLN 2m expected earlier. Lena wants to increase its exports. It is going to found new distribution companies, next to the ones in Hungary and Romania.

Lena management expects PLN 126m of sales, PLN 15m of gross income and PLN 12.2m of net income this year against, respectively, PLN 100.2m, PLN 10.6m and 12.2m a year ago.

(PLN 1 = EUR 0.264)

 

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