Polish translation: przychody w celu poprawy bilansu
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18:56 Feb 21, 2005
English to Polish translations [PRO] Bus/Financial - Telecom(munications)
English term or phrase:proceeds to strengthen its balance sheet
Mr Hellström said Ericsson would use the rights issue proceeds to strengthen its balance sheet and ensure adequate working capital for when market conditions improved. "This is not about converting black holes. We will cover any losses from savings and cost-cutting".