Wandalex SA has signed a five-year, EUR600,000 (USD704,500) contract to rent Yale forklifts to DS Smith Polska SA, one of Poland's largest paper and plastic packaging companies.

The full service contract involves various Yale machines, including the GLP16AF, GLP30TF and GLP50MJ models, fitted with attachments for paper and general materials handling. All machines will be equipped with catalysts.

Wandalex said in a statement that it had seen a 20 percent increase in turnover in the last quarter and a 400 percent increase in net profits.