Warsaw (Puls Biznesu) – Naftobazy, Poland’s largest operator of fuel stocks, will have PLN 40.8m (EUR 10.6m) of net income this year, nearly twice as much as last year. Next year is going to be even better.
This will be a year of development. We plan to increase income to over PLN 54m. Sales will grow 10 percent to PLN 233m although we are not going to raise our fares, Jerzy Malyska, Naftobazy CEO said.
The plans provide for implementing a new offer.
We will offer companies which are obliged to have fuel stocks to make these stocks for them. We will buy fuel and will store it, and the company will receive a ticket from us to show authorities it has the necessary inventories, Jerzy Malyska explained.
He added that no one in Poland offers such services as yet.
Meanwhile, the company plans to invest PLN 100m in 2006. In the years 2006-2008 it is going to build 120,000 cubic meters of magazines. Naftobazy employs 1,000 people.
(PLN 1 = EUR 0.259)