Atlantic to open production facility

Today underwear producer Atlantic will officially open its first production plant, manufacturing bras, in Końskie, Świętokrzyskie voivodship, at a cost of zł. 8 million. To date, the company has imported textiles from the Far East but, "Production of bras is complicated and, in order to guarantee the quality of the end product, we have decided to set up a plant in Poland. This was partly due to the availability of high-quality raw materials from Western Europe. In the first phase we will employ 200 people and produce 100,000 bras a year," said Atlantic president Wojciech Morawski. In 2002 the company had net profits of over zł. 4 million on revenues of zł. 130 million. Atlantic has so far invested in its own label and in developing the underwear market. Atlantic also plans to open 600-700 new retail outlets over the next two years, some of them franchises. (Puls Biznesu, p. 10) M.M.