A cool deal

Skalski has finalized a contract for the construction of a warehouse and administration center for Slovenian white-goods producer Gorenje. Skalski has begun construction work on the building, located outside of Warsaw in Ożarów Mazowiecki, and plans to complete the investment in April 2008.

"The contract confirms Skalski's strong position on the market, built over 25 years of activity," says Piotr Skalski, the company's president.

The zł.22 million investment comprises a warehouse building 10,000 sqm in area and a 2,000 sqm administration building two-storeys high. Astron system technology, which uses modular technology to create large-scale industrial buildings in steel, will be implemented in the warehouse building. Skalski will also be responsible for preparing the surrounding land in addition to electrical installation on the property.

Gorenje appliances are sold in some 60 countries around the world, generating revenues of over R1 (zł.3.85) billion annually. The company is considered a leader on the Polish white-goods market. Gorenje also owns the Sidex, Kortig, Pacific and Mora brands and produces Polar washing machines under license.

Skalski's construction portfolio comprises 120 industrial properties. The company is part of Skalski Group, which also operates as a developer of industrial property and recently announced plans to enter the residential market.