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Irena: cuts in costs and increased production

Huta Szkla Gospodarczego Irena glassworks has been manufacturing glass at full production capacity since June 2009, and hopes to achieve better results in the third quarter of the year.
“Our revenue…

Huta Szkla Gospodarczego Irena glassworks has been manufacturing glass at full production capacity since June 2009, and hopes to achieve better results in the third quarter of the year. “Our revenue exceeded PLN 10 million. I think that we have also made a net profit,” said Emil Senska, the company“s CEO. In the third quarter of 2008 Irena had PLN 14 million revenue and PLN 4.5 million losses, while after the first half of 2009 it had PLN 18.2 million revenue and PLN 3.9 million losses. Senska also said that at present the company wants to concentrate on making as much sales revenue as it could rather than having a net profit. “Our situation is difficult but the worst is past us. We“ve cut our costs and we are increasing production, which should bring better results,” he said. In the next few months, the company does not rule out launching its fourth production line, where it wants to produce beer glasses.

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