(IFN) Promens, owned by Icelandic investment company Atorka Group, has decided to build a new green-field rotational molding plant in Poland, the company announced on Thursday.
The construction of the plant will start in a few weeks and it will be in operation mid next year. The plant will be built on 5.6 hectares (13.8 acres) of land in a new industrial park in Miedzyrzecz where Bonar Polska Sp. Z o.o., a Promens subsidiary has been operating a rotational molding plant since 2001.
The initial size of the plant will be 9.900 square meters (106.500 square feet), but the site will accommodate a plant more that double that size. The new factory will increase the production capacity in Poland considerably, the company said.
It is erected to meet the growing demand from the market for rotational molded products in both east and west Europe, a market in which Promens is, and intends to continue to be an active player, Promens said.
Icelandic Financial News (IFN) is available on Factiva, a joint venture between Reuters and Dow Jones Newswires, FT.COM, LexisNexis, Comtex, Gale and Thomson via the Nordic Business Report.
Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
Afmælisverðið er aðeins 2.500 krónur.
Tilboðið er fyrir nýja áskrifendur. Núverandi áskrifendur geta bætt við sig áskrift á þessu verði. Gildir í 4 mánuði. Áskrifendur fá Viðskiptablaðið, Frjálsa verslun og Fiskifréttir sent ásamt vefaðgangi að vb.is og fiskifrettir.is