Amica expands on its Western and Eastern fronts

The new plant, which is to be launched in Q1 2008, will be located near St. Petersburg and will allow the company to decrease the costs related to transport and logistics. The company's president Jacek Rutkowski declared that the concern wanted to increase its share of the Polish market of washing machines and free-standing cookers. Amica will also introduce new products such as a new line of dishwashers. All in all, the company's investment outlays will amount to around zl.45 million this year. Amica exports most of its production and the share of exports of total sales amounted to 64% in Q1 2006 as compared to 56.5% in 2005. Amica has also launched sales in France, UK, Uzbekistan and Mongolia. (Parkiet, p. 7) E.B.