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Letter to the Editor: Chemes Humenné's production grew 9% in '96

In response to some factual errors in the article titled "Chemes succeeds in selling panty hose," (Vol. 3 #5 - March 13-26, 1997), we would like to clear these up and point out some of our new activities in this field.

Chemes, a joint stock company located in Humenné, has existed as an independent legal entity since its establishment on August 31, 1994. It is one of the transformation results of the former state-owned Chemlon a.s. There are no direct ownership relations between the newly-established Chemlon a.s and Chemes, though business relations between the two still exist.

A stock capital of 1.28 billion Sk is allocated to Novachem, an employees' stock company with a 50.7 percent share, while the city of Humenné holds an 8 percent share, which was obtained free of charge. The Restitution Investment Fund (RIF) has a 3 percent share, and the rest is owned by the National Property Fund.

The years 1995 and 1996 can be characterized as ones in which the company stabilized itself as an independent entity. Chemes held on to its traditional lines of production while bringing on new technologies and products. All of this happened during extensive investments mainly into ecological programs. The economic results were very good anyway. Production growth exceeded 9 percent in 1996, the company closed its accounts with a profit and its more than 900 employees - of whom 20 percent are women - earn more than 10,000 Sk per month.

Chemes has been producing pantyhose for more than one year. The advertising slogan "Kissing your legs" highlights our products on the market known under the "Lycra" trademark. Fifteen types of standard and exclusive pantyhose in 16 colors leave the production place equipped with upgraded Italian technology.

We believe that the quality and price of our products can compete with other producers. Our opinion is also encouraged by the fact that the "Linda" panty hose contain the Lycra thread and are allowed to use the Lycra trade mark of the Du Pont company. Interesting new products for the spring and summer seasons produced by the pantyhose makers from Humenné, such as "Luna," named the "Product of the summer of 1997" this January at a national textile and clothing fair in Trnava. Other standard and exclusive products came onto the market in new, attractive packaging. Even with this, Chemes a.s Humenné wants to obtain a stronger position for its Linda brand on the domestic as well as on the international market.

The search for the new production and business activities for Chemes is successfully continuing.

Ing. Boris Voroňák, Deputy director of external relations, Chemes Humenné

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