Poland's Groclin signs $288 mln deal with Faurecia

Newswire

WARSAW, Jan 19 (Reuters) - Top Polish car part maker Groclin said on Monday it had signed three long-term export contracts with France's Faurecia to provide upholstery for a joint value of 1.1 billion zlotys ($288.3 million). Groclin, one of the best performing Warsaw-listed stocks last year, also confirmed in a statement that it had met its earlier 2003 forecasts to make a net profit of 34 million zlotys on sales worth 470 million zlotys. Official results for last year are due next ...

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