Opoczno, the ceramic tiles producer, plans to invest PLN 60-70m in production capacity extension. The company, which currently is able to produce 22m m? of ceramic tiles per year, wants to increase production capacity to 30m m2. Slawomir Frackowiak, Opoczno's president, said the company is considering an operations expansion into Eastern Europe. The company is to decide whether to construct a new plant in the Ukraine or Russia by the year-end 2004. In the first four months of 2004 Opoczno generated a net profit of PLN 34m on sales of PLN 150m, a rise of 62% and 711% respectively y-o-y. Mr Frackowiak attributed these strong results to Polish concerns of VAT hikes after the EU accession. The company's owners are Credit Suisse First Boston and Enterprise Investors which purchased 39.8% of the company at the beginning of May 2004, and presently own 99% of Opoczno's stake. The remaining 1% belongs to company's employees.
internet service providing market news and sector articles
PMR presents Construction Poland Online, the online service for the latest on the construction market, contractors, building materials, public investments, real estate and planned projects in Poland. Approximately 200 updates are made available each month. For breaking news, a customisable alert system is available to send the latest developments directly to an individual e-mail. Archives go as far as 2001.
Subscription 1 year
Language: English / Polish
Delivery: online access
1 year subscription: (52 issues of weekly news + 12 issues of monthly analyses + statistics on construction in Poland database)
Polish Construction Review is an English language monthly report which has been specially prepared to serve the needs of foreign investors who wish to keep up-to-date on the changes affecting the Polish construction market.
Date: Periodic publication
Language: English / Polish
Delivery: PDF file
PMRis a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). Being present on the market since 1995, employing highly skilled staff, offering high international standards in projects and publications, providing one of most frequently visited and top-ranked websites, PMR is one of the largest companies of its type in the region.
PMR Online Access
Browse and search in our archive »
Subscribe to PMR RSS NEWS channels » 
